Rocket Stocks for the Week

09/15/08 - 11:27 AM EDT

James Altucher

Enough with the utter madness in the market already! Updated from 7:01 a.m. EDT

Subprime this, Lehman Brothers(LEH Quote - Cramer on LEH - Stock Picks) that, oil this, global recession that. Let me make this absolutely clear: I am sick and tired of the constantly repeating headlines in the marketplace.

Can we move on for once?

I liked the market as a whole last week, and I thought I would pick out a few stocks that have been absolutely annihilated and are poised perfectly for a substantial snapback rally. This week's Rocket Stocks portfolio is principally constructed with technology companies, such as Google(GOOG Quote - Cramer on GOOG - Stock Picks) and Apple(AAPL Quote - Cramer on AAPL - Stock Picks), and commodity companies, such as Ensco International(ESV Quote - Cramer on ESV - Stock Picks).

To read more and for this week's rocket stocks, please click here.

At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.

James Altucher is president of Stockpickr LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for the Financial Times and the author of Trade Like a Hedge Fund, Trade Like Warren Buffett and SuperCa$h. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback; click here to send him an email.

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