BALTIMORE (Stockpickr) -- What a week. The S&P 500 climbed more than 2.3% in the last five trading sessions, the biggest single-week bounce for stocks in recent memory.
That upside wasn't hugely surprising. In fact, it was coming due. So now that stocks are back in "rally mode," it makes sense to be betting on more upside in February. That doesn't mean that we're back to a "buy everything" environment. Not even close.
To make the most out of the momentum for a short trading week, it makes sense to focus on the "Rocket Stocks."
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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 236 weeks, our weekly list of five plays has outperformed the S&P 500 by 85.48%.
Without further ado, here's a look at this week's Rocket Stocks.