BALTIMORE ( Stockpickr) -- As the weather starts warming up across the U.S., so too are stocks. While the broad market spent most of April consolidating, last week's bounce off of trendline support pushed the S&P 500's performance positive for the last month.
Now, as May's first trading session pops up on investors' radar, Mr. Market looks well-positioned to keep his momentum going. To take full advantage, we're turning to a new set of Rocket Stock names.
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 197 weeks, our weekly list of five plays has outperformed the S&P 500 by 75.1%.Without further ado, here's a look at this week's Rocket Stocks. >>5 Stocks Poised for Big Breakouts