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 Week

BALTIMORE ( Stockpickr) -- No news is good news this morning, as Mr. Market tries to stealthily continue on the rally that's been taking place below most investors' radar this summer.

Monday's session is kicking off to a fairly flat start, as often happens when there's a lack of earth-shattering events that took place over the weekend. Across the pond, worldwide markets are looking calm and mixed, what can only be described as a good sign for investors here at home this morning.

The S&P 500 has been tracking higher since the start of June, range-bound in a supremely well-defined trend channel. Now, with shares approaching trend line resistance, it's likely we'll see some semblance of a pullback as the market bleeds off some overbought momentum.

But here's the thing: The market doesn't feel overbought right here; in fact, it still feels like investor sentiment is still skewed towards the bear side of things.

>>5 Stocks Poised for Breakouts

Believe it or not, that's actually a good thing for stocks. It means that there's still an abundance of dry powder sitting on the sidelines (largely in bonds, for instance) ready to be deployed into equities when investors feel ready again. That's why we're turning to a new set of Rocket Stocks this week.

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.

>>5 Stocks Under $10 Set to Soar

In the last 163 weeks, our weekly list of five plays has outperformed the S&P 500 by 74.87%.

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
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
Only $49.95
14-Days Free
14-Days Free
KIM $28.54 1.50%
PG $81.11 1.20%
RHT $74.31 1.30%
TYC $38.28 -0.64%
V $78.26 1.30%


Chart of I:DJI
DOW 17,883.90 +110.26 0.62%
S&P 500 2,080.64 +15.34 0.74%
NASDAQ 4,814.8120 +39.4540 0.83%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs