Rocket Stocks for the Week

Updated from 7:04 a.m. EDT

The market is so dirt-cheap and is due for such a nasty snapback that we can hold off on the usual opening anecdotes and get right down to business.

Each week I like to find beaten-up stocks that I believe have the potential to snap back in coming days because of specific catalysts that could play out. I especially like when these stocks with near-term growth potential also qualify as solid long-term plays.

My main goal here is to find stocks that can rise in the coming week, no matter how the market moves. I like to look for snapbacks, earnings plays and other tradable market catalysts. As a general rule, you want to buy extreme weakness and sell extreme strength

For a complete list of ideas, check out this week's Rocket Stocks portfolio, which includes such stock as Apple(AAPL Quote) and KBR(KBR Quote).

To read more, visit Stockpickr.com.