What's better than momentum? Mo' momentum.
Let's take a closer look at five of this past week's biggest scorchers.
|July 15||Weekly Gain||My Watchlist|
Clean Energy Fuels
Independent oil and gas company Petrohawk Energy won't be independent for too much longer. Shares soared on Friday after BHP Billiton
Orbitz Worldwide took off after the travel booking specialist entered into a partnership with Virgin Australia to power stand-alone hotel bookings on the Australian website. This may not seem like meaty news, but it was enough to give Orbitz its heaviest trading volume in over a month.
Gulf Resources bounced back after the Chinese bromine producer reaffirmed its corporate structure. Its chairman and his family also agreed to hold their shares for at least the next three years. This is pretty substantial news, since they own nearly 39% of the company.
Ladenburg Thalmann initiated coverage of ZAGG with a "buy" rating on Wednesday. The analyst is setting a price target of $20 on the maker of protective screens and other accessories for smartphones and tablets.
Clean Energy Fuels moved higher after a timely Chesapeake Energy
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.
Motley Fool newsletter services have recommended buying shares of Chesapeake Energy. 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. The Motley Fool has a disclosure policy.
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.