Beat the Street: Diversity Rewarded

Where concentrated portfolios have driven mid-week leadership in the previous weeks, the leaders in this week of the TheStreet.com's Beat the Street contesthave reaped the rewards of diversity.

Today's leader, JKAgain, stands long Buckeye Tech(BKI Quote), R.H. Donnelley(RHD Quote), Horsehead Holding(ZINC Quote), Gatehouse Media(GHS Quote) and Idearc(IAR Quote). Five stocks that spiked his portfolio value to $290,002. It's interesting to note that only Horsehead, at $15.30, is north of $10.

Under the rules of the weekly contest, players can swap out one stock between Tuesday evening and Wednesday's market open.

Beat the Street: Money Winning Strategies

Players looking to find the one stock that can catch them up to the leaders should consider the following articles for new ideas:

1. TheStreet.com Power Stock Rankings.
2. Fast Money Pops & Drops.
3. Tuesday's Financial Winners & Losers.

On Wednesday, after the market open, registered players will be able to go to the Beat the Street Web site and see what stocks the other players have chosen, and all players should keep abreast of the game in the Stockpickr forum.

The next Beat the Street game will be held next week, so if you aren't in this week, you're only a few days away from your next chance to play.