3 Stocks That Soared More Than 20% in Just 1 Week

Slow and steady typically wins the race in investing. Being the tortoise and not the hare by having a long-term outlook is how investing legends like Buffett and Lynch became, well, legendary.

Yet sometimes you can win handsomely when a stock takes off like a rocket in a short period of time, turns on the afterburners, and soars to new heights. While Dynegy (NYSE: DYN), Overstock.com (NASDAQ: OSTK), and Skechers (NYSE: SKX) each jumped 20% or more in a week's time or less, investors probably weren't betting that would happen.

Even though that underscores the buy-and-hold mantra of the investing greats, let's look at why each stock did spike and whether the moves are sustainable.

Source: Fool.com