IBD: 10 Stocks Rising on Unusually High Volume
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Date updated:02-19-2007

Investors Business Daily has recently provided a list of 10 Stocks Rising on Unusually High Volume. IBD mentioned that ..."a stock moving higher on a big increase in trading volume is often a sign of institutional demand. These buyers are so big that it may take them weeks or months to build a position in a stock. So it’s important to pay attention when a stock begins rising in expanding volume." Here's the list.

symbol name last price % change open
  • +
  • PTNR
    Partner Communica
  • $17.09
  • -1.84%
  • $17.20

The Israeli wireless communications services provider is trading near seven-year highs. In late January, it reported its second straight quarter of triple-digit profit growth. Sales growth has accelerated for two quarters. Volume % Change: +186%

People owning PTNR also tend to own: ARRSATNIBTMCMCSAMBTMICCNIHD

TheStreet.com Rating: B What is this?

  • +
  • GRMN
    Garmin Ltd.
  • $22.95
  • +5.76%
  • $21.85

The GPS device maker is hovering near record highs after the company turned in a 105% jolt in Q4 earnings, 25 cents ahead of analysts’ views. Sales jumped 91% to $611.2 million. It also guided full-year 2007 profit ahead of consensus estimates. Volume % Change: +732%

People owning GRMN also tend to own: ACIWADMADSAZPNCERNCKFRCREE

TheStreet.com Rating: C What is this?

  • +
  • MTL
    Mechel Oao
  • $11.92
  • 0.00%
  • $12.15

The Russia-based company has operations in coal, iron and nickel mining. It also makes steel and carbon products. The stock’s Accumulation/Distribution Rating jumped to A from C in one month. Volume % Change: +346%

People owning MTL also tend to own: ACHGMRNSHPCUPHIPTNRSBGI

TheStreet.com Rating: C What is this?

  • +
  • MICC
    Millicom Internat
  • $62.61
  • -2.26%
  • $62.64

Millicom provides prepaid voice services to emerging markets such as Latin America, Africa, and Asia. Its fourth-quarter earnings vaulted 257%. Sales climbed 85% to $544 million. Last month, it agreed to sell its majority stake in Paktel Limited to China Mobile for about $284 million in cash. Volume % Change: +230%

People owning MICC also tend to own: AAPLAMTAMZNATHRBEASCTSHEMC

TheStreet.com Rating: C What is this?

  • +
  • AMG
    Affiliated Manage
  • $60.30
  • 0.00%
  • $59.81

The asset manager has gained about 12% since the beginning of the year, nearly doubling that of its Finance-Investment Management Group. The company’s after-tax profit margin jumped to 20.9% in its latest reported quarter, the highest in 13 quarters. Volume % Change: +162%

People owning AMG also tend to own: ADRXAIGAMLNBTUDVNEVFCX

TheStreet.com Rating: C- What is this?

  • +
  • JLL
    Jones Lang Lasall
  • $39.13
  • +1.14%
  • $39.05

Mutual fund ownership of the real estate and money management firm jumped to 171 funds from 127 three quarters ago. Last year, the company grew profit by 66%, the biggest annual profit growth in two years. Volume % Change: +141%

People owning JLL also tend to own: BAHOCMSFTAMGCMIDEGRMN

TheStreet.com Rating: C What is this?

  • +
  • CMI
    Cummins
  • $36.45
  • +1.99%
  • $35.71

In late January, the engine maker reported Q4 profit slightly below views, but guided full-year 2007 earnings ahead of consensus estimates. Earlier this month, it formed a joint venture with a Nigerian company to make power generation systems. The stock hovers near an all-time high. Volume % Change: +112%

People owning CMI also tend to own: ACICBIDRYSFTKJECTBSIAAPL

TheStreet.com Rating: C What is this?

  • +
  • DE
    Deere & Co.
  • $46.39
  • 0.00%
  • $46.89

The farming machinery maker powered to a new peak after strong fiscal first-quarter results. Longbow upgraded the stock to neutral from sell. Due to rising global consumption of renewable fuels, Deere anticipates worldwide farming activities to be favorable. Volume % Change: +395%

People owning DE also tend to own: AAPLAATICATCOFCOPDVNGS

TheStreet.com Rating: B- What is this?

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