This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Rocket Stocks Worth Buying This Summer

BALTIMORE ( Stockpickr) -- Summer doldrums? What summer doldrums? After Friday's massive push higher, Mr. Market has made a pretty clear statement that Summer 2012 is the "Summer of Stocks."

Don't believe me? Just look at what equities have been doing this summer.

You see, I'm not just talking about Friday here, folks. While Friday's massive run-up in big indexes like the S&P 500 was impressive, it's just the icing on the cake -- the S&P is up almost 10% since the start of June. And the rally has been picture-perfect orderly. You don't have to be a technical analyst to see just how solid this summer's "shadow rally" has been, but for whatever reason, it's not something that most people are talking about.

Days like Friday, when the S&P slingshotted more than 2% by noon, are a good wake up call for investors who haven't been paying attention. And renewed focus on stocks in August could send some attractive buying opportunities shooting higher. That's why we're looking to a new set of Rocket Stocks this week.

>>5 Stocks Poised for Breakouts

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 162 weeks, our weekly list of five plays has outperformed the S&P 500 by 75.85%.

With that, here's a look at this week's Rocket Stocks.  
1 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
APC $52.76 0.00%
BBT $35.38 0.00%
HOT $81.88 0.00%
KO $44.80 0.00%
SCCO $29.67 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs