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 to Buy This Week

BALTIMORE ( Stockpickr) -- Could this be the bounce week that investors have been waiting for?

With the S&P 500 at support after correcting from a rally that's brought the big index as much as 17% higher this year, too many people are wondering whether this is really the end of the rally. Sentiment numbers don't help either. Investors are more bearish as a group than they've been anytime since the first quarter of 2009.

>>5 Blue-Chip Stocks to Buy to Beat the S&P

But earnings season is coinciding perfectly with the S&P's fall to trend line support -- and with analysts expecting pretty tepid performance from U.S. equities this quarter, any meaningful earnings surprise could help to fuel the next leg of this rally. Despite the excitement of earnings season's start last week, only nine S&P components delivered their numbers so far. So with 84 S&P names scheduled to turn over their numbers this week and another 164 component firms handing over their quarterly results next week, it's clear that the data is going to grow exponentially, starting now.

That's why we're turning to a new set of Rocket Stock names 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 Poised for Breakouts

In the last 172 weeks, our weekly list of five plays has outperformed the S&P 500 by 77.07%.

Without further ado, here's a look at this week's Rocket Stocks.

2012 has been a stellar year for customer relationship management software firm (CRM - Get Report). Shares of the $21 billion company have rallied more than 51% since the start of the year, despite spending most of the last few months moving sideways.

Salesforce serves more than 100,000 businesses spread across the globe, helping them interact with their own customer lists, enabling everything from sending newsletters to tracking sales. That mission-critical nature of Salesforce's offering gives the firm a big economic moat for shareholders right now.
1 of 5

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
BBT $35.75 0.00%
CRM $73.93 0.00%
IR $51.39 0.00%
RMD $51.67 0.00%
YHOO $30.71 0.00%


Chart of I:DJI
DOW 16,472.37 +200.36 1.23%
S&P 500 1,951.36 +27.54 1.43%
NASDAQ 4,707.7750 +80.6910 1.74%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs