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 (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 (RUTH), Tuesday Morning (TUES), and Quiksilver (ZQK). And after these three come four Financial sector stocks -- BEE, PMI, RDN, and ACAS.
Some other interesting names on the list include Tivo (TIVO), Live Nation (LYV), McMoRan Exploration (MMR), LaBranche (LAB), and Denny's (DENN). For investors looking for momentum stocks, this list is a good place to start the search.