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 | Aug. 10 | Weekly Gain | My Watchlist |
|---|---|---|---|
Millennial Media (NYS: MM) | $13.24 | 46% | |
Fusion-io (NYS: FIO) | $27.45 | 41% | |
Universal Display (NAS: PANL) | $39.55 | 28% | |
First Solar (NAS: FSLR) | $21.43 | 26% | |
Zipcar (NAS: ZIP) | $8.08 | 20% |
Source: Barron's.
Millennial Media soared after posting a narrower loss than Wall Street was expecting. The mobile advertising provider is now serving up ads for developers in more than 35,000 different mobile applications.
Fusion-io came up big after the storage drive maker posted blowout quarterly results and issued inspiring guidance. Fusion-io sees revenue growth of 45%-50% in its new fiscal 2013, well ahead of where the pros were perched.
Universal Display put the "oh" in OLED after the patent-rich lighting pioneer served up robust quarterly results.
First Solar was also a bright star last week. Seeing a solar company post improving results is rare, but seeing one enjoy a boost in profit guidance is even more rare.
Zipcar shares surrendered 39% of their value two weeks ago after posting brutal quarterly results. The leading car-sharing service shifted out of reverse last week, starting to make back some of the ground that it had lost.
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.
The article 5 of Last Week's Biggest Winners originally appeared on Fool.com.
The Motley Fool owns shares of Universal Display, Zipcar, and Fusion-io.Motley Fool newsletter serviceshave recommended buying shares of Zipcar and Universal Display. 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, except for Zipcar and Millennial Media. Rick is also part of theRule Breakersnewsletter research team, seeking out tomorrow's ultimate growth stocks a day early.
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