Thursday, September 08, 2011

Wednesday’s NASDAQ Top Percentage Gainers: CONN, PETD, WPRT, SSYS

Shale Stock And Natural Gas, Clean Energy Transportation in Top 4

POINT ROBERTS, September 8, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for September 07, 2011. CONN'S, Inc was the top percentage gainer and climbed 38.79% on very unusual volume.

CONN'S, Inc.   (NASDAQ:CONN) was the biggest gainer on Nasdaq and soared 2.11 (38.79%) to closed at $7.55 after the company said that it had a net loss of  $3.43 million, or 11 cents a share in its fiscal second-quarter, reversing a year profit of  $1.61 million, or 6 cents, a year earlier. On an adjusted basis, the company earned 17 cents a share, ahead of analysts’ estimates of 11 cents a share.

The company also projects to earn 65 cents to 75 cents a share in the current full year, topping analysts’ estimates of 54 cents a share.

Shale Stock, Petroleum Development Corporation   (NASDAQ:PETD) rose 5.74 (26.39%) to $27.49 after the company announced that it has executed agreements with multiple parties to acquire acreage targeting the wet gas (liquid rich) and oil phases of the Utica Shale play in multiple counties throughout southeastern Ohio.

Westport Innovations Inc. (NASDAQ:WPRT) added 4.42 (19.37%) to $27.27 as the stock had slumped 10% in the past one week.  So far this year the stock is up over 43%. It has a 52-week range of $14.25-$28.05. The clean energy transportation company reported news of a deal with Shell. The Company announced it has entered into an agreement with Shell to launch a co-marketing program in North America aimed at providing customers a better economic case when purchasing and operating liquefied natural gas-powered vehicles (LNGVs) by consolidating key value chain components such as fuel supply, customer support and comprehensive maintenance into a single, user-friendly package   

Stratasys, Inc.   (NASDAQ:SSYS) surged 3.51 (16.65%) to $24.59 after analyst at Dougherty & Co. upgraded the stock g to a “buy” rating from “neutral.” The firm also lifted its price target by $4 to $32.

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