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.

-
PTNR
Partner Communica - $19.10
- +0.79%
- $18.78
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%

-
GRMN
Garmin Ltd. - $28.43
- +1.03%
- $27.85
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%

-
MTL
Mechel Oao Ads - $20.01
- -0.30%
- $19.52
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%

-
MICC
Millicom Internat - $66.63
- -0.31%
- $66.52
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%

-
AMG
Affiliated Mgrs G - $66.12
- +0.99%
- $64.32
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%

-
JLL
Jones Lang Lasall - $50.28
- +0.30%
- $49.18
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%

-
CMI
Cummins Inc - $46.18
- -1.89%
- $46.33
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%

-
DE
Deere Co - $47.16
- -1.97%
- $47.79
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%
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A. geez RB, i think we need to shut up
about taxes....if ya'll are wondering
why we have a deficit, go check out that
link.
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too hard pick a winner out all of them
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