Rocket Stocks for the Week

Stock quotes in this article: GS , PBG , MOS , FDO , KBR , STT , AAPL  

Updated from 7:06 a.m. EDT

With multiple 200-point rallies and declines last week, this market is almost impossible to invest in for the long term. Indeed, this is a trader's market. In fact, on Wednesday alone, the S&P 500 swayed from gains and losses 40-plus times in a single day. The banks, including Bank of America(BAC Quote), Goldman Sachs(GS Quote) and Morgan Stanley(MS Quote), usually are in the middle of all of this.

Each week, at Stockpickr.com, we compile our best ideas for stocks that could shoot higher in the coming week in the Rocket Stocks portfolio. This week's portfolio includes Potash(POT Quote), International Coal(ICO Quote) and Apple(AAPL Quote).

For this week's picks, visit Stockpickr.com.

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At the time of publication, Altucher and/or his fund was long Bank of America and Goldman Sachs, 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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Oil *
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UP
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