Accumulation Alert: BIDU, TLEO, CHSI, SWM NFX Up On Huge Volume

They may or may not be Wall Street’s biggest gainers today (they are, in some cases), but a handful of stocks are being bought up on massive volume increases. It’s a potential sign of a breakout, and/or institutional buying. Those stocks are:

• Baidu, Inc. (Nasdaq: BIDU)
• Taleo Corporation (Nasdaq: TLEO)
• Catalyst Health Solutions, Inc (Nasdaq: CHSI)
• Schweitzer-Mauduit International Inc. (NYSE: SWM)
• Newfield Exploration Co. (NYSE: NFX)

Schweitzer-Mauduit International Inc. Is up 3.0% on a 100% increase in its average volume. Newfield Exploration Co. has gained 5.2% on volume that’s 83% stronger than the norm. Baidu, Inc. is rallying 5.6% on a 283% increase in normal trading activity. Taleo Corporation is up 5.7% on a 155% volume surge. Catalyst Health Solutions, Inc is gaining 3.2% thanks to a 134% pop on normal trading volume.