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5 Rocket Stocks Set to Rally in March

BALTIMORE (Stockpickr) -- New month, new market . . . Or at least that's the theme that stocks have been playing since the calendar ticked over to 2012. Now that we've hit the first full trading week of March, can the rally continue?

By and large, all of the key fundamentals -- from employment to corporate earnings -- still look the same. At this point, it's the extraneous market factors (such as Europe's debt crisis and the price of oil) that are posing the most risk to Mr. Market in March. As the broad market consolidates right around newfound support at 1365 in the S&P 500 and 13,000 in the Dow, we'll need to see some sort of positive catalyst to start equities on the next leg of their rally.

Even though it's unlikely we'll see that today, there's a good chance that the spark could come later this week.

>>Related: 7 Relative Strength Stocks That Should Outperform

To take advantage of that potential momentum, we're looking at a handful of new Rocket Stock names that could benefit:

For the uninitiated, "Rocket Stocks" are our list of companies with short-term gain catalysts and longer-term growth potential. To find them, I run a weekly quantitative screen that seeks out stocks with a combination of analyst upgrades and positive earnings surprises to identify rising analyst expectations, a bullish signal for stocks in any market. After all, where analysts' expectations are increasing, institutional cash often follows.

In the last 142 weeks, our weekly list of five plays has outperformed the S&P 500 by 82.53%.

With that, here's a look at this week's Rocket Stocks.

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