5 of Last Week's Biggest Winners
What's better than momentum? Mo' momentum.
Let's take a closer look at five of this past week's biggest scorchers.
Company | June 1 | Weekly Gain | My Watchlist |
|---|---|---|---|
Talbots (NAS: TLB) | $2.40 | 59% | |
LeCroy (NAS: LCRY) | $14.16 | 55% | |
Endeavour (NYS: END) | $9.54 | 48% | |
Vringo (ASE: VRNG) | $4.10 | 21% | |
The Fresh Market (NAS: TFM) | $56.04 | 18% |
Source: Barron's.
Talbots was last week's biggest winner. The apparel retailer took a hit a week earlier after an exclusivity deal with a potential buyer fell apart. Well, the same suitor came around with a buyout offer last week to make it official.
Analytical instrumentation specialist LeCroy was a big winner after agreeing to be acquired by defense equipment manufacturer Teledyne Technologies in a $240.5 million cash deal.
Endeavour International moved sharply higher after completing the purchase of North Sea assets from ConocoPhillips.
Vringo has been one of this year's most volatile companies since acquiring some timely patents and winning the attention of Mark Cuban. The visual-ringtone specialist moved nicely higher last week after making a presentation at the 40th Annual Cowen and Company Technology Conference.
The Fresh Market made investors some serious lettuce after the high-end grocer posted market-thumping results and issued rosy guidance for the entire fiscal year.
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.
At the time thisarticle was published Motley Fool newsletter serviceshave recommended buying shares of The Fresh Market. The Motley Fool has adisclosure policy. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. Try any of our Foolish newsletter servicesfree for 30 days.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.
