Top Rocket Stocks for Week of March 10

Updated from 6:59 a.m. EDT

One of the primary goals behind Stockpickr.com is to help individual investors (myself included) add a little bit of discipline to their trading.

Part of this discipline is to constantly check the 52-week lows and analyst downgrades lists, a practice I regularly follow.

Each week I compile a new list of Rocket Stocks, 10 stocks that I believe have the potential to climb in the coming days.

This portfolio does not necessarily contain the ideal long-term stock picks for your mother's 401(k), but rather these stocks are short-term picks for momentum traders. Statistically, snapback and breakout stocks have worked well, netting some nice returns along the way.

In this volatile market, stocks that trade with catalysts have worked best.

Before we take a look at this week's Rocket Stocks portfolio -- which includes names like National Oilwell Varco (NOV Quote), Dick's Sporting Goods (DKS Quote) and Potash (POT Quote) -- let's see how last week's picks fared

• BJ's Wholesale (BJ Quote): Up 7.5% on the week after beating analysts' fourth-quarter estimates and raising its 2008 earnings forecast.
• Balchem (BCPC Quote): Up 1.8% on the week as fourth-quarter net sales were up 100% year over year.
• Marvell Technology (MRVL Quote): Down 3.2% on the week.
• Harvard Bioscience (HBIO Quote): Down 4.8% on the week.
• Basic Energy Services (BAS Quote): Down 5.5% on the week after reporting in-line fourth-quarter earnings.
• Goldman Sachs (GS Quote): Down 5.8% on the week.
• Merck (MRK Quote): Down 6.6% on the week
• Petrobras (PZE Quote): Down 6.6% on the week.
• PetSmart (PETM Quote): Down 10.7% on the week after lowering its 2008 profit outlook.
• Blockbuster (BBI Quote): Down 13.1% on the week, despite posting fourth-quarter profit more than quadruple.

Now let's look at this week's Rocket Stock portfolio.

Sasol (SSL Quote), a South Africa-based integrated oil and gas company, makes this week's list. Sasol reports quarterly results Monday. The stock has a forward price-to-earnings (P/E) ratio of 10 and P/E-to-growth (PEG) ratio of 0.8.