Stockpickr: This Week's Rocket Stocks

Finally, there's Evergreen Energy (EEE Quote), a company I've pointed out before. In the past few months, shares of the clean-energy plant maker fell from above $10 to lows in the $5 range before recently bouncing into the $7s.

In a portfolio I set up a few weeks ago, the Beat the Street Watchlist, I said of Evergreen:

Everyone is worried that this clean coal company will lose its deal with TXU(TXU Quote) to build a clean coal plant now that TXU is being bought by KKR. The stock has fallen from the $9s to the $5s since the TXU/KKR deal was announced.

But the reality is that KKR has already stated it will keep the environmentalists happy, despite a planned shutdown of several TXU plants. The Evergreen deal is going to stay intact, and this stock should make its way back to the $9s.

The news that got Evergreen shares back into the $7 range was that well-known short-seller Manuel Asensio, who had been shorting the stock, is now bullish on the company. There are 18 million shares short of Evergreen. This stock is going to head back into the $9s or higher pretty quickly, particularly if TXU takes steps to start building these plants.

For the rest of potential rocket stocks of the week, check out the Contest Stocks V portfolio on Stockpickr.

Also, if you haven't checked it out yet, please try out our newest feature Stockpickr Answers. You can ask questions and answer them, and you can see the "Top analysts" as well as Jim Cramer's latest answers.