Updated from 10:27 a.m. EST

Although we need a game plan each and every day that we enter the market, it is especially important during earnings season. Trying to game earnings has buried many, but the few who've mastered how to play them have reaped great rewards.

Unless you are the best of the best, we generally believe there is no reason to "game" earnings and try to capitalize on how you think the market will react to a particular release.

But if you do dare to play in these waters, here are three stocks, including Hovnanian ( HOV), that you absolutely must avoid next week.

To read more, visit Stockpickr.com.

Who's on Stockpickr Answers? David Peltier will be on Stockpickr Answers on March 6 to respond to investing and trading questions posed by members of the Stockpickr community. Not a member? Join the Stockpickr community today -- free.

P.S. Where is Jim Cramer putting his own money? Take a free peek at his personal portfolio to see all his buys and sells by clicking here. When you do, Jim will also send you exclusive email alerts telling you everything he's about to add to or shed from his Action Alerts PLUS portfolio -- before he makes his trade.
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 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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