5 of Last Week's Biggest Winners

These five stocks posted double-digit percentage gains.

Jan 5, 2014 at 7:30AM

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

Company

Jan. 3

Weekly Gain

Plug Power (NASDAQ:PLUG)

$2.61

57%

Yingli Green Energy (NYSE:YGE)

$6.61

38%

Kandi Technologies (NASDAQ:KNDI)

$13.29

29%

Crocs (NASDAQ:CROX)

$16.40

23%

Qunar (NASDAQ:QUNR)

$29.92

14%

Source: Barron's.

Let's start with Plug Power. The stock soared in the latter half of the week after an encouraging business update. Fueled by repeat business from prolific clients, Plug Power closed out its latest quarter with $32 million in orders. It sees the new quarter clocking in with sequential improvement, offering up a rosy scenario of recurring hydrogen and service revenue. 

Yingli Green Energy soared after announcing a joint venture with Shuozhou Coal Power to build solar power plants in China. Yingli led the way for what proved to be a great week for many other solar energy stocks.

Kandi Technologies Group continues to gain ground after revealing that it shipped 2,800 electric vehicles during the most recent quarter. Kandi's prominent role in a car-sharing program will continue to pay off in the near term. 

Crocs moved higher after Blackstone Group took a big stake in the casual-footwear maker. Crocs also announced that its CEO is retiring, a move that could open the door for a potential suitor to try it on for size.

Finally we have Qunar moving higher after announcing that it managed 60,000 air ticket bookings through mobile devices in a single day. The fast-growing Chinese travel portal also had encouraging metrics to offer on its hotel and taxi bookings via mobile devices.

Keep the good vibes coming
There's a huge difference between a good stock, and a stock that can make you rich. The Motley Fool's chief investment officer has selected his No. 1 stock for 2014, and it's one of those stocks that could make you rich. You can find out which stock it is in the special free report: "The Motley Fool's Top Stock for 2014." Just click here to access the report and find out the name of this under-the-radar company.

Longtime Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool owns shares of Crocs. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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