The market capped off a solid first quarter with another healthy week, with the Nasdaq Composite leading the way with a 1.7% surge.
Let's take a closer look at five of this past week's biggest scorchers.
|April 1||Weekly Gain||My Watchlist|
Shares of e-commerce solutions provider GSI Commerce took off after agreeing to be acquired by eBay
Spectrum also soared on buyout news. API Tech is snapping up the maker of microwave components and power management systems in a $270 million deal.
VirnetX had a strong run this week, fueled by the ka-ching-generating potential of its patents in light of the recent push by companies to meet 4G LTE specifications. The stock's been wild lately, but most investors know that going in.
Cephalon popped after a hostile bid from rival drugmaker Valeant
Finally, we have Westport hitting the accelerator. The maker of engines running on natural gas got a welcome boost after President Barack Obama made a commitment to purchase only alternative fuel vehicles for the federal government by 2015.
It was a great week for these five stocks. Now let's see if they're up for an encore.
Which of these five stocks do you think will continue to move higher? Share your thoughts in the comment box below.
eBay and Westport Innovations are Motley Fool Stock Advisor selections. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.
Longtime Fool contributor Rick Munarriz enjoys cheering on winners and whispering words of encouragement to the losers. He does not own shares in any of the companies in this story. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Fool has a disclosure policy.