Momentum Stocks: Daqo New Energy Corp. (NYSE:DQ), Exelixis (NASDAQ:EXEL), Benchmark Electronics Inc. (NYSE:BHE), Twitter (NYSE:TWTR), MRV Communications (NASDAQ:MRVC)

On Friday shares of Daqo New Energy Corp. (NYSE:DQ) closed at $23.49. Company’s sales growth for last 5 years was 10.40% and EPS growth for next 5 years is recorded as 21.00%. Daqo New Energy Corp (NYSE:DQ) on Friday posted a first-quarter attributable net profit of USD 1.2 million (EUR 1.1m), down 53.8% in annual terms. On a quarter-on-quarter basis, the bottom line result fell even further by roughly 66.7%. This is Daqo’s fifth consecutive profitable quarter, thanks to the strong performance of its polysilicon plants in Xinjiang Uygur autonomous region. The company aims to bring their annual production capacity to 12,150 tonnes by the end of June this year and expects to conclude the preparatory works for a 6,000-tonne expansion by end-May.

Exelixis, Inc. (NASDAQ:EXEL) in last trading activity advanced 10.29% to close at $3.43. Company weekly performance is 21.20% while its quarterly performance stands at 79.58%. Exelixis, Inc. (NASDAQ:EXEL) is -24.62% away from its 52 week high. Exelixis, Inc. (NASDAQ:EXEL) on May 04, 2015, reported that Michael M. Morrissey, Ph.D., the company’s president and chief executive officer, will provide an overview of the company at the Bank of America Merrill Lynch 2015 Health Care Conference taking place May 12-14 in Las Vegas, NV. The Exelixis presentation is scheduled for 12:00 p.m. PDT/3:00 p.m. EDT on Tuesday, May 12, 2015.

On last trading day Benchmark Electronics Inc. (NYSE:BHE) advanced 1.39% to close at $24.00. Its volatility for the week is 1.77% while volatility for the month is 1.88%. BHE’s sales growth for past 5 years was 6.00% and its EPS growth for past 5 years was 13.10%. Benchmark Electronics Inc. (NYSE:BHE) monthly performance is -1.52%. Benchmark Electronics Inc. (NYSE:BHE) was downgraded by Zacks from a “hold” rating to a “sell” rating in a research report issued on Friday.

Twitter, Inc. (NYSE:TWTR) has 1.30% insider ownership while its institutional ownership stands at 57.00%. In last trading activity company’s stock closed at $37.59. Twitter Inc. (NYSE:TWTR)’s Chief Financial Officer Anthony Noto seems to be taking a page out of his former employer Goldman Sachs’ playbook, hoarding an increasing level of power. This comes at a critical time for Twitter whose stock just suffered its worst seven-day decline in its history, and as investors flee social media stocks in general.

On last trading day MRV Communications, Inc. (NASDAQ:MRVC) advanced 4.14% to close at $8.80. Its volatility for the week is 3.07% while volatility for the month is 4.57%. MRVC’s sales growth for past 5 years was -5.50% and its EPS growth for past 5 years was -24.70%. MRV Communications, Inc. (NASDAQ:MRVC) monthly performance is 10.83%.MRV Communications, Inc. (NASDAQ:MRVC) on 29 April, announced its director of technology, Edna Ganon, has been nominated as chair of the Open Networking Foundation’s (ONF) Migration project, formerly the Migration Working Group.

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