What's better than momentum? Mo' momentum. Let's take a closer look at five of this past week's biggest scorchers.
China Digital TV (NYS: STV)
Facebook (NAS: FB)
Sarepta Therapeutics (NAS: SRPT)
Clean Energy Fuels (NAS: CLNE)
Research In Motion (NAS: RIMM)
China Digital was worth watching after the Chinese set-top box specialist announced a special one-time dividend of $2.30 a share. That's a pretty substantial declaration for a stock that began the week trading for less than $3.
Facebook moved higher after bucking the conventional wisdom that believes a stock will move lower as lockup expirations expire on the shares held by pre-IPO investors. Facebook also announced on Thursday that several prolific retailers would be joining its Facebook Gifts platform.
Sarepta Therapeutics got a bump higher after a JMP Securities analyst issued a cautionary note on a rival that's also working on a Duchenne muscular dystrophy drug. She doesn't see approval of that company's treatment until 2014 at the earliest. Sarepta's own candidate has been holding up well through clinical trials.
Clean Energy moved higher after agreeing to purchase a pair of plants that will create an initial capacity of 250,000 gallons a day of liquefied natural gas.
Research In Motion moved higher after finally announcing a firm date to introduce BlackBerry 10. Skeptics will argue that it's too late to save RIM, but at least now it has a shot. The event is slated for Jan. 30.
More winners for you
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The article 5 of Last Week's Biggest Winners originally appeared on Fool.com.
Longtime Fool contributor Rick Aristotle Munarriz has no positions in the stocks mentioned above. The Motley Fool owns shares of Clean Energy Fuels and Facebook and has options on Facebook. Motley Fool newsletter services recommend Clean Energy Fuels, Facebook, and China Digital TV. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.
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