BALTIMORE (Stockpickr) -- An early rally is the hot topic of the morning: Investors are excited for a bullish push following positive economic data from China as well as less-stringent-than-expected financial regulations for banks following a Sunday meeting among worldwide officials in Basel, Switzerland.In the People's Republic, a large ramp-up in industrial production coupled with strong retail sales numbers to excite investors about the Chinese economy -- considered not long ago to be a major growth opportunity for U.S. investors. While China's equity market contracted violently in the wake of 2008's credit crunch, the country is starting to show its bullish cards to investors once again. At the Basel meeting, while regulators mandated that banks would need to raise their capital minimums, they'll be given ample time to ramp up reserves. For U.S. stock investors, these are just a couple of reasons that suggest September could be a strong month for the market. As usual on Mondays, that means we're going to try to maximize our intraweek gain potential by looking at a new group of five Rocket Stock plays. For the uninitiated, Rocket Stocks are our weekly list of companies with short-term gain catalysts and longer-term growth potential. In the last 60 weeks, Rocket Stocks have outperformed the S&P 500 by 58.51%. Here's this week's list of Rocket Stocks to watch. >>>Also see: 5 Credit Card Stocks to Sell
Hess ( HES) is an $18 billion oil company that operates in two segments: oil production and refining. The latter includes the 1,357 Hess gas stations that dot the Eastern U.S. But all eyes are on the E&P division right now -- the group owns a very attractive portfolio of oil and gas projects spread throughout North America, Australia, North Africa and the Middle East that flow through to Hess' refinery capacity of more than 280,000 barrels a day.
It's been a different story for Autodesk ( ADSK) this year. The design software company has seen its shares rally more than 20% since the first trading day of January, outpacing the S&P 500 by a considerable clip. Autodesk's biggest product is AutoCAD, the gold standard of the computer-aided design business. With huge market share advantages over the competition, Autodesk should continue to see shares improve in 2010.
|Who Owns Autodesk?|
But even Autodesk's performance is eclipsed by Peru's Credicorp ( BAP), a diversified financial services company that's seen its shares rise nearly 47% in 2010. Things haven't always been so rosy for the company, though. Credicorp dealt with all of the problems major insurers, banks and asset managers have faced in recent years because the company operates in all three businesses.
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