Eagle & Beagle
This week's eagle is gathering momentum.
Gulfport Energy, an Oklahoma City energy company, has issued some solid production reports in recent days. Meanwhile, the company has earned a couple of positive nods from analysts, each of whom put a target price on the stock a bit higher than its current price.
That helped push the price of GPOR shares up 13.3 percent last week. The stock gained $3.70 over the past five trading days to close Friday at $31.56. It closed the week especially strong, adding 6.5 percent on Friday.
In fact, GPOR has nearly doubled in price since dipping below $16 near the end of June, and trading volume has been robust.
Gulfport shares still have some room to run before hitting their 52-week high of $37.80 set back in February, but that's right about what those analysts are projecting.
As sometimes happens here in the world of weekly winners and losers, our current laggard was our former champion.
Continue reading this story on the...