5. Wipro Technologies ( WIT), a global information technology services company, provides outsourced research and development, infrastructure outsourcing, business process outsourcing (BPO) and business consulting services. The company structures its operations into three main segments: IT Services, IT Products, Consumer Care and Lighting. Last week, the stock rose 0.4% higher. Of the 10 analysts covering the stock, 70% recommend a buy while 10% rate a hold. Analysts polled by Bloomberg expect the stock to gain an average 2.4% to $14.07 in the next 12 months. Last week, the company unveiled that it has won an engagement with Chaucer Syndicates, a specialist insurer at Lloyd's -- the global leader in the insurance and reinsurance market -- to deliver a data warehouse and associated extract, transform and load (ETL) solution to ensure compliance and better analytics and improved management reporting for Chaucer. Also last week, Wipro was cited a leader in "The Forrester Wave: SAP Services Providers, Q2 2011 (April 2011)" as it has some of the strongest skills of SAP service Indian providers. >>To see these stocks in action, visit the 5 Emerging-Market ADRs Outperforming Indices portfolio on Stockpickr.
Harbin Electric (Nasdaq:HRBN) hit a new 52-week high Monday as it is currently trading at $23.62, above its previous 52-week high of $23.20 with 539,265 shares traded as of 9:55 a.m. ET. Average volume has been 1.7 million shares over the past 30 days.