POINT ROBERTS - July 13, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for July 12, 2011. Clean Diesel Technologies, Inc topped the gainer list, rising about 60% on Tuesday.
Clean Diesel Technologies, Inc. CDTI was the biggest gaineron Nasdaq ,soaring 2.51 (59.62%) to $6.72 after analysts at Capital Research started coverage on the stock with a buy rating. Analysts said that prospects for improving conditions in the diesel retrofit business would lead to increase in revenue.
Radiant Systems, Inc. RADS also rose 6.54 (30.49%) to $27.99 after NCR Corp.(NCR) reached an agreement to buy the company for $1.2 billion in cash.
Clean Energy Fuels Corp. CLNE climbed 1.96 (14.94%) to $15.08 after Chesapeake Energy announced on Tuesday that it would invest $150 million in Clean Energy to help fund the building of new liquefied natural gas fueling stations for trucks.
Westport Innovations Inc. (USA) WPRT surged 2.08 (8.59%) to $26.30 following Chesapeake, which produces natural gas, announced Monday that it would spend $1 billion over the next decade to build natural gas fueling stations and other infrastructure and innovations that would encourage the use of natural gas. Jefferies analyst Laurence Alexander said the announcement was "incrementally positive" for Westport.
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