Rocket Stocks to Watch This Week - TheStreet

Rocket Stocks to Watch This Week

These stocks have the potential to move higher in the coming days.
Author:
Publish date:

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

consider

picking a bottom in, say, a

Microsoft

(MSFT) - Get Report

,

Sprint

(S) - Get Report

or even

AIG

(AIG) - Get 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

Deere

(DE) - Get Report

,

Macy's

(M) - Get Report

and

Washington Mutual

(WM) - Get 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 Stockpickr.com with greatanalysis, and send me the link. Each great portfolio (with analysis)will get posted on TheStreet.com 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

Stockpickr

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;

click here

to send him an email.

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