5 of Last Week's Biggest Winners

What's better than momentum? Mo' momentum. Let's take a closer look at five of this past week's biggest scorchers.

Company

Dec. 28

Weekly Gain

My Watchlist

Aeterna Zentaris (NASDAQ: AEZS  )

$2.47

12%

Add

MGIC Investment (NYSE: MTG  )

$2.59

11%

Add

Deckers Outdoor (NYSE: DECK  )

$37.92

10%

Add

Thompson Creek Metals (NYSE: TC  )

$4.22

10%

Add

magicJack VocalTec (NASDAQ: CALL  )

$17.95

10%

Add

Source: Barron's.

Aeterna Zentaris was trading lower on the week until Friday, when the FDA agreed to go ahead on a special phase 3 trial design for the biotech's promising yet experimental endometrial cancer drug.

MGIC Investment inched higher on encouraging housing news. The S&P/Case-Shiller index of property values has seen a 4.3% increase over the past year, and that's the biggest year-over-year spike in more than two years. As a mortgage insurer, MGIC has less to lose on a default if the underlying value of the homes being mortgaged are increasing in value.

Deckers Outdoor stepped up after the footwear maker received a pair of encouraging analyst notes. The company's UGG boots were apparently a popular Christmastime search request. See? It's not all about tablets and smartphones this season.

Thompson Creek Metals is a producer of molybdenum. Some economists think prices for the steelmaking input will decline in the near term, given production increases, but recent strength in China, the world's largest consumer of molybdenum, is bucking that theory.

magicJack VocalTec was a winning call after the company replaced its CEO and boosted its near-term guidance. The provider of Web-based telephone services now expects that operating income will exceed $0.70 a share for the current quarter.

The Motley Fool's chief investment officer has selected his No. 1 stock for the next year. Find out which stock it is in our brand-new free report: "The Motley Fool's Top Stock for 2013." I invite you to take a copy, free for a limited time. Just click here to access the report and find out the name of this under-the-radar company.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2172699, ~/Articles/ArticleHandler.aspx, 8/23/2014 9:44:24 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement