BALTIMORE (Stockpickr) -- New month, new market? Let's hope so anyway.
The S&P 500 shed 3.56% in January, and while that's not an earth-shattering loss from an absolute basis, it is a significant selloff for a single-month stretch of trading. But a correction in the S&P was looking inevitable as we headed into the New Year, so as stocks settle near their long-term support lines, February may bring investors a reprieve.
To take advantage of a market sentiment swing, we're taking a closer look at five Rocket Stocks worth buying in February.
For the uninitiated, "Rocket Stocks" are our list of companies with short-term gain catalysts and longer-term growth potential. To find them, I run a weekly quantitative screen that seeks out stocks with a combination of analyst upgrades and positive earnings surprises to identify rising analyst expectations, a bullish signal for stocks in any market. After all, where analysts' expectations are increasing, institutional cash often follows. In the last 234 weeks, our weekly list of five plays has outperformed the S&P 500 by 83.96%.
Without further ado, here's a look at this week's Rocket Stocks.