By
Rick Aristotle Munarriz
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More Articles
August 13, 2012
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What's better than momentum? Mo' momentum.
Let's take a closer look at five of this past week's biggest scorchers.
|
Company
|
Aug. 10 |
Weekly Gain |
My Watchlist |
| Millennial Media (NYSE: MM ) |
$13.24 |
46% |
Add |
| Fusion-io (NYSE: FIO ) |
$27.45 |
41% |
Add |
| Universal Display (Nasdaq: PANL ) |
$39.55 |
28% |
Add |
| First Solar (Nasdaq: FSLR ) |
$21.43 |
26% |
Add |
| Zipcar (Nasdaq: ZIP ) |
$8.08 |
20% |
Add |
Source: Barron's.
Millennial Media soared after posting a narrower loss than Wall Street was expecting. The mobile advertising provider is now serving up ads for developers in more than 35,000 different mobile applications.
Fusion-io came up big after the storage drive maker posted blowout quarterly results and issued inspiring guidance. Fusion-io sees revenue growth of 45%-50% in its new fiscal 2013, well ahead of where the pros were perched.
Universal Display put the "oh" in OLED after the patent-rich lighting pioneer served up robust quarterly results.
First Solar was also a bright star last week. Seeing a solar company post improving results is rare, but seeing one enjoy a boost in profit guidance is even more rare.
Zipcar shares surrendered 39% of their value two weeks ago after posting brutal quarterly results. The leading car-sharing service shifted out of reverse last week, starting to make back some of the ground that it had lost.
More winners for you
It was a great week for these five stocks. If you want to get an early read on some of tomorrow's major gainers, there's a special report on three hidden winners in a booming industry. The report is free -- like this article -- but it won't be around forever, so check it out now.