What's better than momentum? Mo' momentum.
Let's take a closer look at five of this past week's biggest scorchers.
|
Company |
Aug. 10 | Weekly Gain | My Watchlist |
|---|---|---|---|
|
Millennial Media |
$13.24 | 46% | Add |
|
Fusion-io |
$27.45 | 41% | Add |
|
Universal Display |
$39.55 | 28% | Add |
|
First Solar |
$21.43 | 26% | Add |
|
Zipcar |
$8.08 | 20% | Add |
Source: Barron's.
Millennial Media soared after posting a narrower loss than Wall Street was expecting. The mobile advertising provider is now serving up ads for developers in more than 35,000 different mobile applications.
Fusion-io came up big after the storage drive maker posted blowout quarterly results and issued inspiring guidance. Fusion-io sees revenue growth of 45%-50% in its new fiscal 2013, well ahead of where the pros were perched.
Universal Display put the "oh" in OLED after the patent-rich lighting pioneer served up robust quarterly results.
First Solar was also a bright star last week. Seeing a solar company post improving results is rare, but seeing one enjoy a boost in profit guidance is even more rare.
Zipcar shares surrendered 39% of their value two weeks ago after posting brutal quarterly results. The leading car-sharing service shifted out of reverse last week, starting to make back some of the ground that it had lost.
More winners for you
It was a great week for these five stocks. If you want to get an early read on some of tomorrow's major gainers, there's a special report on three hidden winners in a booming industry. The report is free -- like this article -- but it won't be around forever, so check it out now.
