Updated from 7:04 a.m. EDT
The market is so dirt-cheap and is due for such a nasty snapback that we can hold off on the usual opening anecdotes and get right down to business.
Each week I like to find beaten-up stocks that I believe have the potential to snap back in coming days because of specific catalysts that could play out. I especially like when these stocks with near-term growth potential also qualify as solid long-term plays.
My main goal here is to find stocks that can rise in the coming week, no matter how the market moves. I like to look for snapbacks, earnings plays and other tradable market catalysts. As a general rule, you want to buy extreme weakness and sell extreme strength
For a complete list of ideas, check out this week's
, which includes such stock as
To read more,
At the time of publication, Altucher and/or his fund had no positions in stocks mentioned, although positions may change at any time.
James Altucher is president of
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and the author of
Trade Like a Hedge Fund
Trade Like Warren Buffett
. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;
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