Momentum Stocks – 58.com (NYSE:WUBA) , Xerox (NYSE:XRX), Mentor Graphics (NASDAQ:MENT) , First Majestic Silver (NYSE:AG) , Cal-Maine Foods (NASDAQ:CALM)

On 30 June announced 58.com Inc. (ADR) (NYSE:WUBA) a China-based classified site similar to Craigslist, has won a US$736 million investment from Tencent Holdings Ltd., the operator of major social and messaging platforms in China. 58.com Inc (ADR) (NYSE:WUBA) stock performance was -0.68% in last session and finished the day at $48.33. Traded volume was…

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Hot Watch List: Xerox Corp (NYSE:XRX), International Business Machines (NYSE:IBM), Oracle Corporation (NYSE:ORCL), Baidu Inc (NASDAQ:BIDU), SouFun Holdings (NYSE:SFUN)

Morgan Stanley initiated coverage on shares of Xerox Corp (NYSE:XRX) in a research note released on Monday morning. The firm issued an overweight rating and a $15.00 target price on the stock. Xerox Corp (NYSE:XRX) stock performance was -0.08% in last session and finished the day at $12.20. Traded volume was 14.51million shares in the…

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