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Rocket Stocks for the Week

James Altucher

01/12/09 - 05:14 PM EST
Updated from 12:06 p.m. EST

As the major indices pulled back from technically overbought conditions, negative earnings forecasts from Wal-Mart(WMT) and Intel(INTC) and weak same-store-sales data from various retailers fueled the basis downward this week.

That said, there are still plenty of opportunities for nimble traders in this week's Rocket Stocks portfolio (including Linear Technology (LLTC)).

Fortunately, last week's Rocket Stocks portfolio was a massive outperformance for readers as our two long ideas, Family Dollar(FDO) and Robbins & Myers(RBN), surprised to the upside, and our short idea, Acuity Brands(AYI), lowered guidance and reported weak sales.

To read more, visit Stockpickr.com.

In Monday trading, Linear Technology closed at $21.69 per share (down 1.9% year-to-date).


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