This Day On The Street
Continue to site
ADVERTISEMENT
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

Top Rocket Stocks for Week of Nov. 12

Last week was rough, actually very rough, as increased credit worries and hawkish statements from Federal Reserve Chairmen Ben Bernanke rocked the market. With daily three-digit swings in the market, it is certainly tough for institutional traders to make money, let alone the retail investor.

Such a market environment is precisely why I compile and write this Rocket Stocks column. The sole purpose of this weekly piece is to offer readers like you ideas for stocks that have the potential to rally in the coming week, no matter how the market does.

I like to look at stocks that have real catalysts ahead of them that might propel them higher. Whether it's an earnings, arbitration or a pure snapback play, hedge funds (and all of us actually) are always looking for these stocks because the risk vs. reward is so tempting.

Before we look at This Week's Rocket Stocks portfolio, however, let's review last week's market action.

For a little perspective on last week's selloff, let's look at U.S. household net worth: U.S. households have a net worth of $55 trillion. With all of the recent dire headlines, you might think that entire number was going to collapse overnight.

But right now, Bernanke sees that $150 billion of at-risk mortgage debt is in question. This $150 billion is only 0.2% of the U.S. net worth. For argument's sake, let's take that $150 billion and triple it (3 times the amount Bernanke sees), to $450 billion. This still is only 0.6% of the U.S.'s net worth. You see where I'm going?
1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
NYX $0.00 0.00%
ARII $48.49 0.00%
BSX $17.80 0.00%
EMC $26.42 0.00%
ETN $67.64 0.00%

Markets

DOW 17,757.91 +138.40 0.79%
S&P 500 2,077.42 +14.31 0.69%
NASDAQ 5,013.1230 +26.2560 0.53%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs