3 Tech Stocks That Soared This Week
Hanwha Q CELLS, SanDisk, and SouFun Holdings crushed the market this week, each in its own unique way. Here's how.
The stock market just finished an up-and-down kind of week. The major indexes took a quick dip early in the week but ended up on a modestly positive note; The charts showed gains between 0.4% and 1% between Monday morning and Friday night.
But some tech stocks stretched the rosy finish to extremes and recorded double-digit gains instead.
This is their story.
Data-storage veteran SanDisk (UNKNOWN:SNDK.DL) rose 17% this week thanks to a veritable smorgasbord of growth engines. Chinese real estate portal SouFun Holdings (NYSE:SFUN) recorded a 28.7% gain because of a rather direct assist from China's government. Finally, sticking with the Middle Kingdom, Asian solar power had a grand week at the races, led by Seoul-based Hanwha Q CELLS (NASDAQ:HQCL) and its heart-pounding 33.4% bounce.
Want to dig deeper into these market-beating tech stocks? Start with the following slideshow: