Please ensure Javascript is enabled for purposes of website accessibility

5 of Last Week's Biggest Winners

By Rick Munarriz - Updated Apr 6, 2017 at 5:15PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

These stocks made longs a lot of money last week.

What's better than momentum? Mo' momentum.

Let's take a closer look at five of this past week's biggest scorchers.

Company

Dec. 2 Weekly Gain My Watchlist
Central European Distribution (Nasdaq: CEDC) $5.01 64% Add
The9 (Nasdaq: NCTY) $7.05 58% Add
Zoltek (Nasdaq: ZOLT) $8.90 56% Add
Mitel Networks (Nasdaq: MITL) $3.53 54% Add
MBIA (NYSE: MBI) $10.62 43% Add

Source: Barron's.

Polish vodka maker Central European Distribution was the toast of the town after rival Russian Standard Vodka took a 9.9% stake in the company. This may not be a prelude to a buyout, but it should provide some welcome stability given the shared interest in seeing Central European Distribution appreciate from here.

The9 has been largely a forgotten Asian company since losing its World of Warcraft license to NetEase.com (Nasdaq: NTES) two years ago, but now it may have a homegrown winner in a game called Firefly. The9 announced an agreement that will net a subsidiary $23 million plus royalties for distributing the role-playing game across Southeast Asia.

Zoltek gained ground after posting impressive quarterly results. Sales climbed 39%, as the carbon fiber company reversed a year-ago deficit with a modest profit. Analysts were expecting another quarterly loss.

Mitel Networks ran higher after the business communications and collaboration software maker delivered strong financials. The Canadian company's revenue and adjusted profit clocked in ahead of Wall Street expectations for its fiscal second quarter.

No news was certainly good news for MBIA. The bond insurer was the biggest gainer on the New York Stock Exchange after Standard & Poor's affirmed an investment-grade rating for MBIA's municipal bond-insuring subsidiary.

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 comments box below.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

MBIA Inc. Stock Quote
MBIA Inc.
MBI
$12.43 (-1.35%) $0.17
The9 Limited Stock Quote
The9 Limited
NCTY
$1.80 (-15.49%) $0.33
NetEase, Inc. Stock Quote
NetEase, Inc.
NTES
$90.50 (-2.18%) $-2.02

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
317%
 
S&P 500 Returns
112%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 06/30/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.