Stocks with Heavy Volume Accumulation

Four stocks with the heaviest recent volume accumulation are NVIDIA Corporation (NASDAQ:NVDA), Vonage Holdings Corp. (NYSE:VG), ITT Corporation (NYSE:ITT) and Wave Systems Corp. (NASDAQ:WAVX). 

NVIDIA led the charge with the heaviest volume accumulation of the stock, as nearly 50M shares traded daily on average over the last 2 weeks as compared with 21M average daily stock volume for the last quarter.  NVIDIA shares also picked a hefty 21% over the last week to close at $23.59 per share. 

A surprise in the list is Wave Systems as the stock traded on heavy volume this last week but only picked up just under 12% gain in stock price on the week. It closed at $4.59/share.

NVIDIA is a provider of visual computing technologies and the inventor of the graphics processing unit (GPU). The Company’s products are designed to generate graphics on workstations, personal computers, game consoles and mobile devices.

Vonageis a provider of voice and messaging services over broadband networks. The Company’s technology serviced approximately 2.4 million subscriber lines as of December 31, 2009.

ITT Corporation is a global engineering and manufacturing company. It designs, manufactures and sales a range of engineered products. The Company operates in three business segments: Defense Electronics & Services (Defense segment), Fluid Technology (Fluid segment), and Motion & Flow Control (Motion & Flow segment).

Wave Systems develops, produces and markets products for hardware-based digital security, including security applications and services that are complementary to and work with the specifications of the Trusted Computing Group (TCG), an industry standards organization consisted of computer and device manufacturers, software vendors and other computing products manufacturers.