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Five new trending stocks to watch: |
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ZOOM, CDTI, CLWR, MTOX, WGO |
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Released on Friday, October 14, 2011, 8:00 AM ET
Pittsburgh, PA (SpeculatingStocks) - It is important to watch stocks that are trending. Those trend stocks that are catching the eyes of investors and seeing increased volume and price action. Investors and traders who visit SpeculatingStocks.com can find trending stocks on our homepage.
ZOOM (Zoom Technologies, Inc.) – ZOOM (a leading China-based manufacturer of mobile phones and related products) just acquired a 55% share of Portables Unlimited LLC ("Portables"), one of the largest exclusive wholesale distributors of T-Mobile products in the United States. ZOOM is trading huge volume on the news and turning around.
CDTI (Clean Diesel Technologies, Inc.) – CDTI shares jumped after the company announced that they are seeing Q3 revenue up 34%. The company is an emission control systems maker trading at a market cap of around $27.80 million.
CLWR (Clearwire Corporation) - Clearwire Corporation provides wireless broadband services. The company builds and operates mobile broadband networks that provide high-speed mobile Internet and residential access services. CLWR is rebounding off of a pivotal support level. The same level it rebounded off of in August when the stock moved to over $3.00 a share.
MTOX (MEDTOX Scientific Inc.) – MTOX just announced that total revenues for Q3 increased 6.9% to $27.6 million with net income of $1.3 million. The company had cash on hand of $1.6 million at quarter-end and has no short or long term debt.
WGO (Winnebago Industries Inc.) – With baby boomers retiring and looking forward to their golden years, we wouldn’t be surprised to see Winnebago’s business pick up. The company has had a rough go of it lately, but brighter times could be ahead if they can manage to rejuvenate their brand.
Stay up to date on new trending stocks through the “Trending Stocks” section on the SpeculatingStocks homepage.
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