Rocket Stocks for the Week
Updated from 7:02 a.m. EDT
There is no question this market is still oversold; the ultimate question for investors and traders is: Which names are going to snap back the hardest?
On Stockpickr.com, we've compiled our weekly list of snapback stocks. This week's
includes
AK Steel
(AKS) - Get Report
and
PetMed Express
(PETS) - Get Report
.
To read more,
.
At the time of publication, Altucher and/or his fund was long Eaton and Amazon, although positions may change at any time.
James Altucher is president of
LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for the
Financial Times
and the author of
Trade Like a Hedge Fund
,
Trade Like Warren Buffett
and
SuperCa$h
. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;
to send him an email.
TheStreet.com has a revenue-sharing relationship with Trader's Library under which it receives a portion of the revenue from purchases by customers directed there from TheStreet.com.