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Rocket Stocks to Watch This Week

These stocks have the potential to move higher in the coming days.

Updated from 6:59 a.m. EDT

With seven out of the last 10 trading days experiencing multiple 200-point rallies and declines, this market makes it nearly impossible to invest for the long term; instead, it caters to short-term traders. Not that you can't


picking a bottom in, say, a


(MSFT) - Get Microsoft Corporation Report



(S) - Get SentinelOne, Inc. Class A Report

or even


(AIG) - Get American International Group, Inc. Report


Names that appear in the weekly Rocket Stocks portfolio do just that: cater to the short-term trader.

This week's portfolio includes such names as


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TheStreet Recommends

(DE) - Get Deere & Company Report



(M) - Get Macy's Inc Report


Washington Mutual

(WM) - Get Waste Management, Inc. Report


To read the rest and for more stocks that could rocket higher this week, please click here.

A note from James Altucher:Every weekend I send an email to Jim Cramer and several hedge fund managers about the most interesting portfolios posted on Stockpickr that week. Usually those portfolios not only list stocks according to atheme but also offer significant analysis as to why the stocks are cheap.Here are some examples: Here's the challenge: Build a portfolio at with greatanalysis, and send me the link. Each great portfolio (with analysis)will get posted on with your byline (as a "StockpickrGuest Columnist") and will be included in my email I send to Jim and the otherhedge fund managers on my list.

At the time of publication, Altucher and/or his fund was long Nvidia, although positions may change at any time.

James Altucher is president of


LLC, a wholly owned subsidiary of 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



. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback;

click here

to send him an email. 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