Stockpickr

Return to Article

Rocket Stocks for the Week

James Altucher

I think the Madoff news on Friday proves that when it comes to market investing, anyone who offers "iron clad guarantees," as Madoff did to his investors, should be avoided like the plague.

Furthermore, the Madoff news underscores the fact that individual investors can take actionable charge of their own personal investing and wealth by avoiding the scams and other nonsense that some might offer.

One of the best ways to beat back the bear is to place short-term catalyst-driven trades ahead of a company-specific event.

Each week, I try to present these short-term trades in my weekly Rocket Stocks portfolio. This week, includes such stocks as 3Com (COMS Quote) and SandRidge Energy (SD Quote).

To read more, visit Stockpickr.com.

Monday, shares of 3Com closed up at $2.13 per share (up almost 1% for the day). SandRidge Energy closed up Monday as well at $6.28 per share (up over 5% for the day).