US stocks earned substantial gains early in the 5/18 trading week, but leveled off by Friday after over 3 consecutive weeks of being in the red. The top-rated stocks that outperformed over the previous trading week came from the healthcare, consumer goods, and services sectors.
The stocks in this week’s Big Weekly Winners: Swing Trading with PowerRatings all earned PowerRatings of 8 or higher one week ago on May 18th, 2012.
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Performance of 5/18/12 – 5/25/12 Trading Week
BioSante Pharmaceuticals, Inc. (BPAX)
A specialty pharmaceutical company producing hormone and oncology products, BioSante Pharmaceuticals recently released positive study results from new product testing. Shares of BPAX had a substantial rally on Monday’s 5/21 trading, as did many biotechnology stocks throughout the week.
- 5/18/12 Entry Price: 0.34 with a PowerRating of 8
- 5/25/12 Exit Price: 0.52
- Gain: 52.94%
Entertainment Gaming Asia Inc. (EGT)
Shares of Entertainment Gaming Asia Inc. were firmly oversold at the outset of the 5/14 trading week, but reverted by 5/25 into overbought territory. After gapping-up on Thursday’s 5/17 opening shares of EGT rallied to end the week with a 30.43% gain.
- 5/18/12 Entry Price: 0.69 with a PowerRating of 8
- 5/25/12 Exit Price: 0.90
- Gain: 30.43%
US Airways Group, Inc. (LCC)
The declining price of oil has boosted major airline stocks over the last week, while shares of US Airways Group, Inc. set a new 52-week high on Friday 5/25. Shares of LCC have seen big gains throughout the last month as it continues to trade above both its 200 and 50-day moving average.
- 5/18/12 Entry Price: 10.06 with a PowerRating of 10
- 5/25/12 Exit Price: 12.30
- Gain: 22.27%
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Joshua Glasgall is Editor in Chief of Connors Research