Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.

What: Kemet Corporation (AMEX: KEM) shares jumped 13% today after the capacitor company reported higher earnings.

So what: Sales were up 43.5% to $248.6 million, and earnings per share hit $0.43, up from $0.23 last year. Demand stayed strong despite a typically weak quarter because of European holiday season.

Now what: The strong results obviously surprised investors and show serious momentum for shares. With just a $271 million market cap, Kemet seems poised for a ride higher on the back of these results. I'm hesitant to buy on such an up day, but as shares settle down I'm hopping on this bandwagon.

Interested in more info on Kemet Corporation? Add it to your watchlist here by clicking here.

Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.

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