Saturday, May 25th, 2013
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Five best stocks to watch this week

U.S. stocks closed higher, partially recovering the losses yesterday. As of the closing bell, the Dow Jones Industrial Average rose 71.22 points, or 0.57%, to close at 12,644.79 points; the Nasdaq composite index gained 33.33 points, or 1.17%, to report at 2,892.42 points; the Standard & Poor’s 500 index moved up 9.79 points, or 0.74%, to finish at 1,335.30 points; across this week, the Dow Jones Industrial Average and the Standard & Poor’s 500 index delivered losses of 0.99% and 0.58%, respectively while the Nasdaq composite index harvested 0.68%. There are some top gainers defied the sluggish of the U.S. stock market and the debt issues in the Euro Zone, with whopping increase in thier shares. We list these best performing stocks as follows:

Westinghouse Solar Inc (WEST) saw its share price jumping 104.87% this week, taking the crown of the best stock gainer. On the basis of the latest closing price of $0.42, WEST currently has a tiny market cap of $8.04 million. The current WEST share price is 20.0% above the 50-day Simpe Moving Average of $0.35 and 26.32% below the 200-day Simpe Moving Average of $0.57.

China Metro Rural Holdings Ltd (CNR) soared 101.96% this week, making it the second on the list of best stocks this week. On the basis of the latest closing price of $1.08, CNR currently has a market cap of $79.43 million. The current CNR share price is 8% above the 50-day Simpe Moving Average of $1 and 2.7% below the 200-day Simpe Moving Average of $1.11.

Network Engines, Inc. (NEI) moved up 82.05% this week, coming in as the third of the best stock gainers. On the basis of the latest closing price of $1.42, NEI currently has a market cap of $60.54 million. The current NEI share price is 57.30% above the 50-day Simpe Moving Average of $0.89 and 22.41% above the 200-day Simpe Moving Average of $1.16.

Extorre Gold Mines Ltd (XG) enjoyed a big gain of 53.38% this week, qualifying one of the best stocks this week. On the basis of the latest closing price of $4.08, XG currently has a market cap of $393.49 million. The current XG share price is 19.64% above the 50-day Simpe Moving Average of $3.41 while 40.35% below the 200-day Simpe Moving Average of $6.84.

Mitek Systems, Inc. (MITK) finished up 38.95% this week. On the basis of the latest closing price of $4.09, MITK currently has a market cap of $104.38 million. The current MITK share price is 16.51% above the 50-day Simpe Moving Average of $3.51 and 49.32% above the 200-day Simpe Moving Average of $8.07.

 

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