5 of Last Week's Biggest Winners

These five stocks posted double-digit percentage gains.

Jul 20, 2014 at 7:00AM

It was a rough week on Wall Street, with the market moving lower, but there were plenty of individual stocks still pushing higher. Let's take a closer look at five of this past week's biggest scorchers.

Company

July 18

Weekly Gain

Kandi Technologies (NASDAQ:KNDI)

$4.18

31%

NQ Mobile (NYSE:NQ)

$5.01

14%

Glu Mobile (NASDAQ:GLUU)

$6.79

13%

Skyworks Solutions (NASDAQ:SWKS)

$52.87

12%

Fred's (NASDAQ:FRED)

$101.47

10%

Source: Barron's.

Let's start with Kandi Technologies. The Chinese maker of electric vehicles saw its value appreciate by nearly a third after announcing encouraging sales of its small electric cars in China. Kandi announced that its joint venture with Geely was able to sell 4,114 all-electric vehicles in its latest quarter, a healthy sequential gain from the 1,215 cars it cleared three months earlier. There's a cloud over Kandi until it squares away its SEC investigation, but the fundamentals continue to improve. 

NQ Mobile was another Chinese company showing grace under fire last week. Shares of the provider of Internet services initially took a hit after announcing that it was replacing its auditor. This is, after all, the auditor that requested to expand the scope of its fiscal 2013 audit in light of doubts raised by noted worrywart Muddy Waters. However, replacing PricewaterhouseCoopers with Marcum Bernstein Pinchuk was eventually applauded in a sentiment reversal late on Friday.

Glu Mobile continues its monster run since its Kim Kardashian: Hollywood game has raced up the mobile apps charts. Glu enters rare territory after posting four consecutive weeks of double-digit percentage gains with weekly pops of 19%, 13%, 14%, and now 13%.  

It's not just the Kardashian game that's helping keep Glu sticky. The casual-gaming publisher announced on Wednesday that it had achieved records for single-day revenue, download, and daily active users recently, and a big reason for that is the success that Dino Hunter: Deadly Shores has had after being downloaded 1.5 million times -- a Glu record -- in a single day.

Skyworks Solutions moved higher after posting strong results for its fiscal third quarter. The company behind analog semiconductor components that are found in many consumer gadgets, including the popular iPhone, saw revenue climb by a better-than-expected 35%. Adjusted profitability also topped analyst forecasts of $0.80 a share, soaring 54% to $0.83 a share. Skyworks Solutions' guidance was also encouraging.

Finally we have Fred's moving higher after sources told Reuters that the discount retailer is in talks to be acquired by Sycamore Partners. Fred's didn't discuss the chatter, and the article did point out that these negotiations are at an early stage. The market still likes the possibilities.

Top dividend stocks for the next decade
The smartest investors know that dividend stocks simply crush their non-dividend-paying counterparts over the long term. That's beyond dispute. They also know that a well-constructed dividend portfolio creates wealth steadily, while still allowing you to sleep like a baby. Knowing how valuable such a portfolio might be, our top analysts put together a report on a group of high-yielding stocks that should be in any income investor's portfolio. To see our free report on these stocks, just click here now.

Rick Munarriz owns shares of Kandi Technologies. The Motley Fool has no position in any of the stocks mentioned. 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.

Money to your ears - A great FREE investing resource for you

The best way to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as “binge-worthy finance.”

Feb 1, 2016 at 5:03PM

Whether we're in the midst of earnings season or riding out the market's lulls, you want to know the best strategies for your money.

And you'll want to go beyond the hype of screaming TV personalities, fear-mongering ads, and "analysis" from people who might have your email address ... but no track record of success.

In short, you want a voice of reason you can count on.

A 2015 Business Insider article titled, "11 websites to bookmark if you want to get rich," rated The Motley Fool as the #1 place online to get smarter about investing.

And one of the easiest, most enjoyable, most valuable ways to get your regular dose of market and money insights is our suite of free podcasts ... what we like to think of as "binge-worthy finance."

Whether you make it part of your daily commute or you save up and listen to a handful of episodes for your 50-mile bike rides or long soaks in a bubble bath (or both!), the podcasts make sense of your money.

And unlike so many who want to make the subjects of personal finance and investing complicated and scary, our podcasts are clear, insightful, and (yes, it's true) fun.

Our free suite of podcasts

Motley Fool Money features a team of our analysts discussing the week's top business and investing stories, interviews, and an inside look at the stocks on our radar. The show is also heard weekly on dozens of radio stations across the country.

The hosts of Motley Fool Answers challenge the conventional wisdom on life's biggest financial issues to reveal what you really need to know to make smart money moves.

David Gardner, co-founder of The Motley Fool, is among the most respected and trusted sources on investing. And he's the host of Rule Breaker Investing, in which he shares his insights into today's most innovative and disruptive companies ... and how to profit from them.

Market Foolery is our daily look at stocks in the news, as well as the top business and investing stories.

And Industry Focus offers a deeper dive into a specific industry and the stories making headlines. Healthcare, technology, energy, consumer goods, and other industries take turns in the spotlight.

They're all informative, entertaining, and eminently listenable. Rule Breaker Investing and Answers are timeless, so it's worth going back to and listening from the very start; the other three are focused more on today's events, so listen to the most recent first.

All are available for free at www.fool.com/podcasts.

If you're looking for a friendly voice ... with great advice on how to make the most of your money ... from a business with a lengthy track record of success ... in clear, compelling language ... I encourage you to give a listen to our free podcasts.

Head to www.fool.com/podcasts, give them a spin, and you can subscribe there (at iTunes, Stitcher, or our other partners) if you want to receive them regularly.

It's money to your ears.

 


Compare Brokers