Some stocks are one-hit wonders, making a big splash when they first appear, then quickly fizzling into obscurity or oblivion. But for other stocks, that initial big move is only a preview for even bigger and better gains to come.
Today, we've compiled 10 stocks that made some of the biggest upward moves over the past month. We'll then pair that list with the ratings issued by our Motley Fool CAPS community. The higher each stock's rating, the greater CAPS members' faith in that company's ability to keep on beating the market.
|
Stock |
30-Day % Change* |
CAPS Rating |
|---|---|---|
|
US Energy |
67.4% |
* |
|
Quantum |
66.7% |
** |
|
Human Genome Sciences |
51.0% |
** |
|
Bucyrus International |
45.6% |
**** |
|
Qiao Xing Mobile Communication |
42.4% |
*** |
|
IMS Health (NYSE:RX) |
38.8% |
**** |
|
Acorda Therapeutics |
36.9% |
** |
|
Sonic Solutions (NASDAQ:SNIC) |
36.3% |
** |
|
Amazon.com (NASDAQ:AMZN) |
32.3% |
** |
|
Black & Decker (NYSE:BDK) |
31.8% |
*** |
*From Oct. 9 to Nov. 9.
As the markets whipsaw to changes in consumer sentiment, there will be weeks like this one, where gains exceptionally outpace the movers and shakers of prior weeks. So before we get shaken out again, let's see why the CAPS community thinks some of these companies might continue to outperform the market.
A mighty temblor
Sonic Solutions beat analyst expectations last week with its second-quarter earnings report, trumpeting "the cusp of a major transformation in the way in which movies are delivered." As evidence, Best Buy (NYSE:BBY) partnered with Sonic -- the owner of Roxio CinemaNow -- to offer digital content delivery on Internet-connected devices bought in its stores.
Sonic will embed its technology in Web-connected televisions, portable media players, personal computers, Blu-ray disc players, set-top boxes, and mobile phones. But without a doubt, more than one analyst considers Best Buy's move to compete directly with Apple's iTunes as the company's next big mistake.
Sonic previously teamed up with Blockbuster to deliver on-demand digital movies; the movie-rental giant is trying to regain momentum lost to Netflix (NASDAQ:NFLX), which has come to dominate DVD rentals and erode movie sales. Redbox kiosks have also eaten into DVD sales, all of which has given industry players the impetus to move the dream of "movies in the cloud" to the forefront.
Skepticism about all the deal-making remains evident, however. CAPS All-Star member GundersonGroup is unimpressed with Sonic's performance, even in the face of all these deals:
Tangible book value of nothing. [Year over year] revenue is down. Partnerships being announced sound nice but I have my doubts as to whether the customer is really demanding what they are offering. Oh yah...where is the capital spending going to come from in this economy to upgrade our internet so that it has the capacity to carry this type of content?
Yet Redbox by Coinstar (NASDAQ:CSTR) has shown that it's possible to be profitable by charging $1 for a day's movie rental. Online delivery of that content ought to be even cheaper, thus proving profitable for those who provide the service. The movie studios may have the biggest say, however; some are already chafing at the Redbox model and delaying access to just-released movies.
So far, Sonic has defied the critics, quadrupling in value over the past year. What do you think? Head over to Sonic Solutions' CAPS page and let us know, or share your thoughts in the comment section below.
Shake, rattle, and roll
With these stocks shaking the market this past month, it pays to start your own research on them at Motley Fool CAPS. Read a company's financial reports, scrutinize key data and charts, and examine the comments your fellow investors have made, all from a stock's CAPS page.
