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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

5 Rocket Stocks Signaling 'Buy' This Week

Financially, there's also a lot to like about LinkedIn. The firm has a debt-free balance sheet with almost $700 million in cash in its coffers. That hefty war chest gives management ample dry powder to keep growth engines spinning -- and it means that the firm is more easily able to ride out economic hiccups without putting value destroyers like share issuances or debt building on the table. With rising analyst sentiment in LinkedIn this week, we're betting on shares...

American Water Works Co.

Sometimes, the best performance comes from the most boring companies. American Water Works (AWK) is a perfect example of that. The $7 billion firm is one of the largest public water utilities in the world, providing water service and wastewater to around 15 million U.S. and Canadian consumers. So far this year, shares of AWK have rallied almost 22% -- and that's on top of the firm's 2.7% dividend yield.

Like other utilities, American Water Works enjoys a government-sanctioned monopoly in most of its markets. The firm's water and sewage pipe infrastructure isn't replicable, and arrangements made with municipalities help to insulate the firm from the costs of maintaining them. Not all of AWK's revenues come from regulated businesses -- the firm also has a lucrative business using its expertise to design and build facilities for others, mainly municipalities and larger industrial operations. That nonregulated arm provides some nice diversification for the firm in places where it doesn't have a presence as a utility.

Not surprisingly, AWK is a favorite for income investors. The firm's dividend yield has diminished as its share price has climbed, but the uniqueness of the AWK's offering should keep investors interested in this stock. Still, at current levels, the 2.7% yield is a worthwhile payout for a secondary-income holding.

To see all of this week's Rocket Stocks in action, check out the Rocket Stocks portfolio at Stockpickr.

RELATED LINKS:



Follow Stockpickr on Twitter and become a fan on Facebook.

At the time of publication, author had no positions in stocks mentioned.

Jonas Elmerraji, CMT, is a senior market analyst at Agora Financial in Baltimore and a contributor to TheStreet. Before that, he managed a portfolio of stocks for an investment advisory returned 15% in 2008. He has been featured in Forbes , Investor's Business Daily, and on CNBC.com. Jonas holds a degree in financial economics from UMBC and the Chartered Market Technician designation.

4 of 4

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,982.59 +22.02 0.13%
S&P 500 1,978.91 +0.57 0.03%
NASDAQ 4,444.9090 -4.6550 -0.10%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs