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5 Rocket Stocks to Buy in June

As an expert in unconventional drilling situations, EOG is able to unlock profits that would typically go to specialist oil field servicers -- or be left in the ground. As less sophisticated E&Ps look to unload dried up fields, EOG's ability to pull extra oil and gas from them means that it can expand its balance sheet at a bargain price.

A strong financial position rounds out the picture in shares of this energy giant. With rising analyst sentiment in shares this week, we're betting on this Rocket Stock.

State Street

State Street ( STT) may be a big bank, but it's nothing like its better-known banking peers. That's because State Street is a trust bank, which means that it focuses on asset management, custody and administration instead of retail and commercial lending. Because of that, State Street's revenues aren't earned on the spread between the rates they charge and the rates they pay; they're earned on stable fees.

That's an attractive business in an environment where interest rates are no longer a free market.

>>5 Stocks Insiders Love Right Now

The rally in stocks is one of State Street's biggest tailwinds right now. Since the firm is paid based on the assets it has under management, expanding stock valuations mean that STT's revenues can expand in kind. So could ETFs. State Street is one of the biggest ETF sponsors in the market, issuing exchange-traded funds under the wildly popular SPDR brand; more products mean more revenues for State Street, so the increased emphasis on exotic asset classes in the ETF world bodes well for investors.

State Street made some big strides to shore up its financial condition during the financial crisis, and now, with that behind it, the firm's financials look attractive again. The firm is one of my favorite banks if only for the fact that it lacks the labyrinthine balance sheet and interest rate dependence that's harmed conventional banks' ability to earn profits in this market.


2013 is panning out to be a stellar year for shareholders of Gap ( GPS). The $18 billion firm has rallied more than 30% since the first trading session in January, besting the S&P's ascent by more than double. Gap is the a specialty apparel retailer behind labels such as Old Navy, Banana Republic, Piperlime and Athleta in addition to its namesake Gap brand. In total, the company owns more than 3,000 stores spread across the world, with another 450 franchise locations in emerging markets.
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EOG $67.70 0.00%
GPS $23.73 0.00%
GMCR $90.05 0.00%
SNDK $67.49 0.00%
STT $54.68 0.00%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

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