This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Top Rocket Stocks for Earnings Week of Nov. 5

Life can be cruel and unpleasant for various stocks at different periods of their maturity. There are growing pains like missed earnings, misunderstood press releases and negative analyst views. But sometimes the stocks that are in the worst doldrums snap back the hardest and then keep going.

Each week at Stockpickr.com, we search for stocks that are in their worst throes of agony, with the thought that they can be ridden higher on a snapback. On any given day there are at least 1,000-2,000 stocks that finish the day in the green no matter how the market does. It's our job to find out which stocks are most likely to do that. We compile them in the Rocket Stocks for the Week on Stockpickr.com.

But before we look at this week's picks, let's quickly review how last week's Rocket Stock picks performed.

  • Boeing (BA), which announced a $7 billion stock-buyback on Monday, ended the week 2% higher.
  • ConocoPhillips (COP) ended the week down a slight 0.5%, but with oil sky-high I'd still want to own this name.
  • Longtop Financial Technologies (LFT): This Chinese speculative stock has great growth but did not work out this week, ending down 9.6%.
  • Merck (MRK): Trading up near its 52-week high, this stock for the most part held up well throughout the week, but ended down 2.8%.
  • Celgene (CELG): Ended the week down 3.6%. However, it's still a great stock to own if things get bad.
  • Lundin Mining (LMC): Up as much as 4.6% this week, but ended down 4.7%.
  • Nastech Pharmaceutical (NSTK): Had horrible earnings and much lower research expenses, but it ended the week flat.
  • FreightCar America (RAIL): This pick worked great! It climbed more than 10% and ended the week up 4.3%.
  • U.S. Steel (X): This was a horrible pick. I thought the steelmaker was going to blow away earnings, but clearly that did not happen. The stock ended some 9% down.
  • Cabot (CBT): This stock, SAC Capital's second-largest holding, was up 4% during Thursday's selloff. The stock ended the week up 1.3%.
  • Yamana Gold (AUY): Moved nearly 3% higher to hit $15 before pulling back, ending the week at $14.98.

Now let's take a look at the potential Rocket Stocks for this week.

First up is Citigroup (C), which fired CEO Chuck Prince over the weekend. This financial stock fell 7% on Thursday to a new 52-week low as CIBC World Markets analyst Meredith Whitney speculated that Citigroup might need to cut its dividend to raise capital.

While it is very clear that things are bad at Citigroup, I find it highly unlikely that the company would allow such a thing. Without the dividend, Citi shares have lagged inflation over the past several years.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,039.49 +60.36 0.36%
S&P 500 1,992.37 +5.86 0.30%
NASDAQ 4,532.1040 +5.6220 0.12%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs