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
TheStreet Open House

5 Rocket Stocks to Buy for a March Rally

BALTIMORE ( Stockpickr) -- Another month in 2013 is set to bite the dust this week, as the first trading session in March peeks its head out on Friday. We're about to find out whether the "new month, new market" mantra is going to continue to hold true in 2013.

February would be best described as a "regrouping" month. As I write, the S&P 500 gained just under 1% on the month, hosing off the overheated momentum from January's 5% climb. So are we in store for a second rally leg just as Spring springs? With stocks bouncing hard into February's final week, it looks promising.

>>5 Stocks Ready to Break Out

To take full advantage, we're zooming in on five new 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. In the last 188 weeks, our weekly list of five plays has outperformed the S&P 500 by 77.72%.

>>5 Big Stock Charts You Need to See

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

Procter & Gamble

First up is 176-year-old consumer product giant Procter & Gamble (PG). Procter is the prototypical blue chip -- the $210 billion firm boasts a product line that's found in homes across the globe, with powerhouse brands such as Tide, Charmin and Cover Girl under its belt. P&G also pays out a nearly 3% dividend yield at current price levels.

P&G's biggest growth story comes from abroad. The firm currently earns approximately 60% of its revenue outside of its U.S. home base, and of that, nearly half comes from emerging markets. That's attractive exposure considering the growth potential in developing markets as burgeoning middle class populations start trading up their consumer products. Despite Procter's titanic size, the firm should be able to continue to stoke growth fires in the year ahead.

Last year, cost was one of P&G's biggest considerations; the firm's ongoing initiative to cut around $10 billion from its cost of goods sold is going to be a key component of income growth in 2013 as well. While input cost inflation hasn't created the same level of anxiety of late as it did back in 2011, Procter's willingness to prioritize costs now will pay off in spades down the road.

1 of 4

Select the service that is right for you!

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 17,244.35 +87.50 0.51%
S&P 500 2,008.57 +7.00 0.35%
NASDAQ 4,583.4240 +21.2350 0.47%

Brokerage Partners

Rates from

  • 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