Beat the Street
Updated from 7:13 a.m. EDT
With so much liquidity hitting this market coupled with the fact that stocks in general are cheap, an inevitable snapback rally happened. Since the start of the Rocket Stocks column, I've each week compiled a list of stocks that I believe have the catalysts to send them soaring in the coming days. But before we get to this week's Rocket Stocks portfolio, let's take a look at how last week's picks fared.- Goldman Sachs (GS): Up 26.5% on the week after beating analysts' earnings estimates Tuesday.
- Level 3 Communications (LVLT): Up 8.1% on the week as a pure snapback play.
- Tesoro (TSO): Up 3.7% on the week.
- UltraShort Oil & Gas ProShares (DUG): Up 3.4% as oil fell 6% on the week.
- Gilead (GLD): Up 2.1% on the week.
- Enzon Pharmaceuticals (ENZN): Up 2% on the week.
- Aluminum Corp. of China (ACH): Up 0.5% on the week after reporting lower-than-expected earnings Tuesday.
- Hollywood Media (HOLL): Down 0.8% on the week.
- Market Vectors Global Agribusiness ETF (MOO): Down 3.4% as agricultural stocks lagged the overall market this week.
- Southern Union (SUG): Down 4.3% on the week as natural gas prices fell.
- Fluid Management supplies Robbins & Myers with a substantial part of its total revenue. Fluid management, especially its pressure pumping systems, is essential in keeping oil rigs squeaky clean, allowing them to pump as much oil as they physically can. With oil at record prices, it's only natural to assume this part of the business is booming.
- Process Solutions deals with the chemical and pharmaceutical sectors. Its Romaco division, which has been very volatile in the past, saw large orders at the beginning of the first quarter. Most analysts have yet to add Romaco's earnings potential into their overall estimates. Once they see a second quarter of steady growth and orders in Romaco, analysts are likely to boost their estimates.
TheStreet Premium Services
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn MoreOptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn MoreReal Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn MoreStocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn MoreTo 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.
blog comments powered by Disqus
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.83
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |


Connect with TheStreet