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Monday, May 01, 2006

Smart Sector Of The Day - Taiwan, Hydrogen

  • Taiwan Stocks +5.12%: the leading stock sector has surged another 5.12% to overall gains of 49.87% as the leading stock GIGM soared 17.53% or $1.45 to $9.72 per share on new strategic alliance with T2CN Holding, the largest online sports game operator in China. Since the coverage began on December 6 of last year, the stock has jumped 260% from coverage price of $2.7 per share. So far every stock in the sector is up with the worst performer TSM up 5.43% and second best performer ASX up 50.51% so far.
  • Hydrogen Stocks +3.33%: investors have turned the attention to this sector hoping the stocks will be helped by more investment into alternative energy due to high gasoline price. Today all stocks in the sector are up evenly with MCEL adding 3.98% to overall gain of 24.49% from $1.47 per share and HYGS up 3.05% to overall gain of 51.69% from $2.67 per share on new order from General Motors Corp. for its fuel cell test services. The sector overall has gained 19.41%.

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