Smart Sectors Of The Day - Taiwan, GPS
- Taiwan Stocks +2.28%: the red hot sector continues to climb by adding another 2.28% to overall gains of 54.86% - a very juicy return for a index. Today's surge is again fueld by GIGM which rose another 6.24% to $10.39 per share. The stock has now gained 284.81% since coverage began on December 6 of last year at $2.7 per share.
- GPS Stocks +4.48%: the special technology sector becomes the third leading sector overall for the first time by adding 4.48% to overall gain of 21.16%. Today's surge is helped by GPS maker GRMN which surged 9.68% or $8.51 to new 52 weeks high of $96.43 after the company posted a strong first quarter and also issued a 2 for 1 stock split and a dividend of 50 cents per share after split. Since the coverage began on the sector on March 7, the stock has gained 30.59%, up from coverage price of $73.84 per share.
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