5 of Last Week's Biggest Winners

Before you go, we thought you'd like these...
Before you go close icon

What's better than momentum? Mo' momentum.

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

Company

Jan. 20

Weekly Gain

My Watchlist

Convio (NAS: CNVO) $15.9048%Add
Sears Holdings (NAS: SHLD) $49.0046%Add
Net 1 UEPS (NAS: UEPS) $9.9744%Add
Dangdang (NYS: DANG) $7.5427%Add
Cree (NAS: CREE) $27.1919%Add

Source: Barron's.

Convio was one of the market's biggest winners. Blackbaud will be buying the provider of fundraising software in a deal that values Convio at $16 a share.

Sears Holdings has been the hottest component of the S&P 500 three weeks into 2012. Despite bleak holiday sales metrics posted late last year, speculators are hoping that helmsman Eddie Lampert will take the company private.

Net 1 UEPS Tech took off after the payment and transaction services provider landed a five-year deal to distribute social grants in South Africa.

Dangdang continues its strong bounce three weeks into 2012. Encouraging GDP news out of China -- showing that the world's most populous nation grew at an 8.9% clip in the fourth quarter -- helped propel shares of the Chinese online retailer higher. The GDP news shows that China's growth may be decelerating, but clearly not at a problematic clip.

Finally, we have Cree overcoming an uninspiring quarterly report when a couple of analysts stood up for the company's future potential.

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.

At the time this article was published Motley Fool newsletter services have recommended buying shares of Net 1 Ueps Technologies. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.Longtime Fool contributor Rick Munarriz calls them as he sees them. He does not own shares in any of the stocks in this story. Rick is also part of theRule Breakersnewsletter research team, seeking out tomorrow's ultimate growth stocks a day early.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners