What's better than momentum? Mo' momentum.
Let's take a closer look at five of this past week's biggest scorchers.
|March 16||Weekly Gain||My Watchlist|
|Frontline (NYS: FRO)||$7.65||45%||Add|
|Guidewire (NYS: GWRE)||$32.31||44%||Add|
|Amarin (NAS: AMRN)||$10.52||43%||Add|
|Perfect World (NAS: PWRD)||$16.01||35%||Add|
Frontline coasted higher after the oil tanker's CEO made some positive comments about the industry's demand.
Guidewire posted better-than-expected quarterly results. The provider of software solutions for property and casualty insurers went public back in January, making this Guidewire's first financial glimpse as a public company.
Investors continue to feel upbeat about Amarin's potentially promising triglyceride-battling drug. AMR101 is currently under FDA review.
Perfect World popped after the online gaming company posted blowout quarterly results and issued a one-time dividend of $2 a share.
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 this article was published 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 the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early.
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