Tesla Supercharges Spot Among Top Stocks

Tesla Supercharges Spot Among Top Stocks·The Exchange

Editors Note: The list of top stocks is derived from the quote pages that received the most views on Yahoo! Finance by examining data for the current week. It is not, however, a list of the most searched-for tickers or company names on our site.

1. Apple (AAPL)

Apple CEO Tim Cook looked to keep the good will he garnered after last week’s triumphant turn before Congress going this week. This time Cook was able to set taxes aside and address the issue investors have long been waiting for information on –- new products.

Speaking at the All Things D D11 Conference on Tuesday, Cook assured the audience that the company has “incredible plans” to introduce game-changing products. Breakout’s Jeff Macke noted that Cook seemed to be following the same script from the D10 conference a year ago, when he said “we have some incredible things coming out.”

“At this point, Apple's vague promises are straining the credulity of even the company's most die-hard fans,” Macke said.

Cook did manage to move the conversation forward slightly with his willingness to discuss the future of wearable technology. While he dismissed Google Glass, he did seem to endorse technology that could be worn on the wrist.

Investors are, at this point, desperate to believe. Shares have gained 2.9% over the last five full trading days, closing at $451.58 on Thursday. However, shares remain down 17.7% for the year to date.

2. Federal National Mortgage Association (FNMA)

Fannie Mae has held fast in our list of most-viewed tickers for a second consecutive week. However, Fannie and government-controlled brother Freddie Mac, saw the floor drop out from under them this week, sending share prices plummeting on Wednesday and Thursday.

Congress also appears to be sharpening its aim on the two companies. On Wednesday, Reuters reported that a group of senators from both sides of the aisle were working to introduce a bill that would shutter Fannie and Freddie. The two companies were taken over by the government in 2008 and guarantee approximately half of all mortgages in the U.S.

Fears of rising interest rates were also likely a big contributor to the slide in share prices.

Shares have gained 5.4% over the last five full trading days, closing on Thursday at $1.73. Despite this week’s upheaval, shares remain up more than 540% for the year to date.

3. Facebook (FB)

Shares of Facebook got a vote of confidence from a trio of research houses this week.

“We think concerns over declining engagement, particularly among the younger demo, have created a buying opportunity,” Jefferies analysts said in a report, upping their rating of the social networking giant to a buy.

But there’s little doubt that Facebook is struggling to regain the ground it lost from its first day of trading.

“From a broad perspective, Facebook is going through the same maturation process that many rapidly growing tech companies have gone through,” noted The Daily Ticker’s Henry Blodget. “It is transitioning from hyper-growth to steadier growth, and the stock 'multiple'--the price that investors are willing to pay for the shares relative to the company's earnings--is dropping accordingly.”

Facebook’s botched IPO is still a raw memory. On Wednesday, Nasdaq agreed to pay $10 million to settle civil charges stemming from the IPO. According to Reuters, it was the largest penalty against an exchange in history.

Facebook shares are down 1.6% over the last five full trading days, closing on Thursday at $24.55. Shares are down 12.3% for the year to date.

4. Tesla Motors (TSLA)

Tesla’s electric motors are fully charged and firing up investors. Shares have been on a tear since the auto marker posted its first profit in early May. Since then, the company has kept the good news coming.

The company announced this week that it would unveil a network of supercharging stations that would allow drivers to drive from NY to LA by the end of the year.

That wasn't enough for CEO Elon Musk.

The company followed up by announcing it will add hundreds of solar-powered charging stations across the nation by 2015. Power outage? No problem. The stations will also have battery packs to provide back up power. The time spent charging will also be cut in half. A 20 minute charge will now give the Model S three hours of drive time.

Shares have gained 23.4% over the last five full trading days, closing at $104.95 on Thursday. Shares are up 196.8% for the year to date.

5. MagicJack VocalTec (CALL)

The volatility surrounding shares of MagicJack continued this week, as the bulls and bears on the stock continued to battle it out in the murky underworld of message boards and stock blogs. Despite the lack of any solid news from the company, the ticker remained among our top-viewed stocks.

The company swung to profitability in the fourth quarter, reporting earnings of $22.3 million, or $1.17 per shares, compared with a loss of $5.6 million, or 26 cents, in the same quarter a year ago. Revenue jumped 56% to $41.4 million from $26.6 million.

According to Yahoo! Finance data, some 29.5% of the 10.7 million available shares are short the stock.

Shares are down 5.3% over the last five full trading days, closing at $15.30 on Thursday. Shares are down 17.5% for the year to date.

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