Top Rocket Stocks for Week of March 10

With oil at record prices, Sasol is a diverse play on the global consumption of oil. Sasol has a lot of European exposure, especially in Eastern Europe, where the weather has been extremely cold this year.

Over the past year, Sasol has increased its gross profit margins from 40% to 52%. Last year, the company beat estimates by an average of 14.5%.

Sasol also has a lot of exposure to offshore drilling in Africa, which has the highest margins. Only 4% of the company's revenue comes from U.S.-based business and could be helped by a positive currency conversion.

With oil at record prices, analysts have not really raised their earnings estimates on Sasol and that should help the company beat estimates.

Also, worth looking at is Companhia Energetica de Minas Gerais (CIG - Cramer's Take - Stockpickr), a Brazilian utility company that provides energy distribution solutions. It reports quarterly results Monday.

For the rest of this week's picks and more detailed analysis, check out the Rocket Stocks for the Week of March 3-7 at Stockpickr.com.

As always, to find the snapbacks and potential breakouts on a regular basis, check out these Stockpickr portfolios, which I use in my own research each week:

• Today's Hot List: This daily list is a must-view every midday to see what stocks are making the biggest moves and why.
• Always check the Biggest Percentage Losers, a list of stocks that lost big the day before, because they can snap back hard.

  When you check this list on Stockpickr, you can see which stocks are owned by the quality hedge funds and mutual funds. Pay attention to those. They will be buying at the lower prices, so you should be also.

• Ditto for the 52-week-low list. You must check the above two lists every day if you hope to find volatile stocks.
• Biotech Short Squeezes: Dendreon(DNDN - Cramer's Take - Stockpickr) and others can often be found in this category.
• Stocks Rising on Unusual Volume: These are potential breakout stocks.
• Stockpickr's System Trades of the Day: These are trades triggering that day in various back tested trading systems we've developed.
• Stocks With Unusual Option Activity: Perhaps someone knows something?
• Latest Activist Situations: These are beaten-down stocks that hedge funds are accumulating shares of and demanding change in. Believe me, these hedge funds piggyback each other. And once they start rocking the boat, things happen quickly. This should be on your must-view list.

One final place to frequent is the Answers section on Stockpickr, where ideas such as those presented in this article are thrown around daily.