BALTIMORE (Stockpickr) -- The new year's first full week of trading kicks off this morning, ushering in 2014 in earnest after the best broad market rally in 16 years.
Can Mr. Market pull it off again? Probably not.
Are we likely to see a big drop in stocks in 2014? Probably not.
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That's not just me saying so; the precedent's already long been set for consecutive big gain years. The S&P 500 has managed to turn out investment gains greater than 20% in 11 of the years since 1975. On average, during the year that followed that mammoth gain, the big index tacked another 12.8% onto its winnings.
So, while another 29% year for the S&P looks a little unlikely, not getting another double-digit gain of some degree this year would be a break from the norm.
That's why we're taking a look at five new Rocket Stocks worth buying 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 230 weeks, our weekly list of five plays has outperformed the S&P 500 by 84.83%.
Without further ado, heres a look at this weeks Rocket Stocks.