(Updated with closing stock prices.)
By Jonas Elmerraji
) -- Another consecutive week of gains is behind us in the market, and yet another is underway.
Last week, the
gained a modest 0.84%, bringing the index's year-to-date returns to an impressive 10.78%. And today, for the first time since November, the S&P has entered quadruple-digit territory, breaking 1,000 in early-morning trading.
With positive numbers for the market, it's time to take a look at
of beaten-down stocks with short-term catalysts for growth and long-term investment potential.
But first, let's see how
Retail grocery stores did well last week, pushing up 1.02% on positive industry earnings.
, our grocery rocket stock, did quite a bit better, with a 6.38% gain in the last five trading sessions. Those gains came after the grocery giant beat analyst expectations in a weak business environment.
Another analyst darling last week was
. The defense contractor rose 5.52% after it raised earnings guidance for the 2009 fiscal year.
jumped just 0.31% on the week, despite reporting strong guidance and results on Thursday.
Among last week's losers were
, which fell 3.66% on the week after it announced much lower estimated steel volume through 2011, and
, which fell on the threat of bearish technicals.
Now, on to
, which includes such stocks as
To read more,
Jonas Elmerraji, based out of Baltimore, is the editor and portfolio manager of the Rhino Stock Report, a free investment advisory that returned 15% in 2008. He is a contributor to numerous financial outlets, including
, and has been featured in
Investor's Business Daily
Stockpickr is a wholly owned subsidiary of TheStreet.com.