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

Feb. 8

Weekly Gain

My Watchlist

BlackBerry (NASDAQ: BBRY  )

$16.49

27%

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MBIA (NYSE: MBI  )

$10.20

17%

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Whiting USA Trust (NYSE: WHX  )

$7.06

14%

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3D Systems (NYSE: DDD  )

$66.91

14%

Add

Sequenom (NASDAQ: SQNM  )

$4.70

13%

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Source: Barron's.

BlackBerry soared in its first week trading under its new ticker symbol and its first full week since leaving its Research In Motion moniker behind. The market's initial reaction to the smartphone pioneer's BlackBerry 10 unveiling last month wasn't positive, but opportunistic investors were snapping up the discounted shares this past week.

MBIA also moved higher. The financial-guarantee insurer rallied after a rival's lawsuit against a banker proved successful. The move opens the door for insurance guarantors to go after banking giants.

Sometimes all it takes is a big payout to get the market excited. Whiting USA Trust will pay a quarterly distribution of $0.577618 per unit next month. If the oil and gas partnership can keep that pace going for the balance of 2013, investors would be looking at a yield of more than 30%. There's no free lunch, of course. The units wouldn't be trading this high if the market thought the heavy payouts would be sustainable.

3D Systems bounced back after losing ground a week earlier. The additive manufacturing niche leader kicked off the week by announcing the availability of a 3-D reverse engineering and design tool for portable scanners that's powered by its Rapidform platform.

Shares of Sequenom have closed higher in six of the past seven trading days. On Monday, Sequenom announced that its flagship genetic maternity test will now screen for the presence of certain fetal sex chromosomal aneuploidies.

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Read/Post Comments (3) | Recommend This Article (1)

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.

  • Report this Comment On February 11, 2013, at 1:20 AM, neocolonialist wrote:

    LinkedIn didn't make the cut with > 21% jump in one day??

  • Report this Comment On February 11, 2013, at 10:22 AM, Jurobi wrote:

    Considering WHX is a limited life trust expected to expire mid-2015 when the last of the alloted oil and gas is produced, and the shares will have a value of $0.00 at that time, the increase in price is insane. The total value of shares based on remaining oil and gas is from $4.50 ($80 oil) to 6.50 ($120 oil).

  • Report this Comment On April 25, 2013, at 12:46 AM, davesama wrote:

    I support what Jurobi wrote on Feb. 11th. I am surprised at the price movement of WHX going higher and higher when the residual value of the stock is no more than $7.00. Are people buying the stock without knowing what they are getting into?

    Another point to note is that their is Whiting Trust II which has a longer life. Are the investors confused as WHX is Trust I which is expected to close out by mid 2015.

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