Most major US equity indices were up just under or just over 5% in the first quarter of 2010. For those interested, below we highlight the top performing stocks in the first three months of the year.
Star Scientific (CIGX) takes top honors with a gain of 264.29%. InterMune (NASDAQ:ITMN) isn't far behind with a gain of 241.79%. CIGX and ITMN are the only two Russell 3,000 stocks that gained more than 200% in the first quarter.
After the top two places come three Consumer Discretionary stocks -- Ruth's Hospitality (NASDAQ:RUTH), Tuesday Morning (NASDAQ:TUES), and Quiksilver (NYSE:ZQK). And after these three come four Financial sector stocks -- BEE, PMI, RDN, and ACAS.
Some other interesting names on the list include Tivo (NASDAQ:TIVO), Live Nation (NYSE:LYV), McMoRan Exploration (NYSE:MMR), LaBranche (NYSE:LAB), and Denny's (NASDAQ:DENN). For investors looking for momentum stocks, this list is a good place to start the search.