The Only 15 Stocks Up Big During the Market Slump

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Since July 22, the market is down a little over 10%. That's over a percent a day. When there's market volatility like this, I go trolling for bargains -- babies being thrown out with the bathwater.

While I was trolling, though, I noticed a little fun fact I want to share. There are 3,531 stocks trading on major U.S. exchanges with market caps above $200 million. Of those, 1,992, or 56%, of them have fallen more than 10% in this market slump.

Guess how many have gone up more than 10%? If you paid attention to the headline, you know that it's 15 (trailers ruin everything these days).

Here they are (from biggest to lowest gain):

Company

Market Cap (in millions)

P/E Ratio

Price Change from July 22

Emdeon (NYS: EM)

$1,672

67.2

37.7%                          

S1 (NAS: SONE)

$501

NM

31.8%                        

Stamps.com (NAS: STMP)

$244

23.7

28.2%                        

Multi-Color (NAS: LABL)

$355

15.9

18.7%                         

Sagent Pharmaceuticals (NAS: SGNT)

$769

NM

17.1%                        

Global Traffic Network (NAS: GNET)

$266

49.7

15.1%                         

Hudson Valley Holding (NYS: HVB)

$378

17.0

14.7%                         

Sturm, Ruger & Co. (NYS: RGR)

$514

17.4

14.4%                         

Rubicon Minerals (NAS: RBCN)

$889

NM

14.3%                        

Xueda Education Group (NYS: XUE)

$599

39.3

14%                         

Telmex (NYS: TMX)

$15,939

13.4

12.7%                         

Konami (NYS: KNM)

$4,031

22.6

11.8%                        

Green Mountain Coffee Roasters (NAS: GMCR)

$15,730

107.3

10.8%                        

Mitel Networks (NAS: MITL)

$250

3.1

10.8%                        

Lexmark International (NYS: LXK)

$2,600

8.0

10.3%                         

Source: Capital IQ, a division of Standard & Poor's.

Why did these stocks buck the trend? Much of it was buying activity.

Looking at a few, the top gainer, Emdeon, is being taken private by Blackstone. Telmex is moving up as AmericaMovil is in the process of buying out the 40% it doesn't already own. S1 has been a reluctant buyout target. Agnico-Eagle Minestook a 9.2% stake in Rubicon.

But for some, it was about outperforming expectations.

Stamps.com smashed earnings estimates by almost 2:1. Multi-Color and Lexmark beat estimates as well. As did Green Mountain Coffee Roasters.

Any lessons as we peruse the list?

It's hard to predict mergers and acquisition activity. Instead, the stocks that have outperformed remind us to look for companies whose operations are likely to best expectations. As for these particular 15 stocks that have performed well recently, it's a higher hurdle for success than it used to be. Watch out for buying high and selling low, but also be on the lookout for any signs that these companies can continue their winning ways.

In any case, we're only talking nine market sessions here.

To track any of these stocks and get our latest analysis on them, click here to add them to our My Watchlist tool.

At the time this article was published Anand Chokkaveludoesn't own shares of any company mentioned. He wishes he did on July 22, though.Motley Fool newsletter serviceshave recommended buying shares of and creating a lurking gator position in Green Mountain Coffee Roasters. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.

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