3 Stocks That Soared More Than 20% in Just 1 Week
Slow and steady typically wins the race in investing. Being the tortoise and not the hare by having a long-term outlook is how investing legends like Buffett and Lynch became, well, legendary.
Yet sometimes you can win handsomely when a stock takes off like a rocket in a short period of time, turns on the afterburners, and soars to new heights. While Dynegy (NYSE: DYN), Overstock.com (NASDAQ: OSTK), and Skechers (NYSE: SKX) each jumped 20% or more in a week's time or less, investors probably weren't betting that would happen.
Even though that underscores the buy-and-hold mantra of the investing greats, let's look at why each stock did spike and whether the moves are sustainable.
Source: Fool.com
Nike Inc. B Stock
€85.96
1.790%
With 46 Buy predictions and 3 Sell predictions Nike Inc. B is one of the favorites of our community.
As a result the target price of 115 € shows a positive potential of 33.78% compared to the current price of 85.96 € for Nike Inc. B.
