BALTIMORE (Stockpickr) -- In a typical year, the Memorial Day holiday serves as the kickoff for the stock market's quiet season. But 2014 isn't a typical year for stocks.
Instead, we've been enduring "quiet season" for the last couple of months already, sitting on the sidelines watching the broad market grind sideways since the calendar flipped to March. Volatility has been extremely low over the course of this sideways correction as well, a contrarian indication that markets are overdue for a return to more directional trading. Put simply, we could be in store for an active summer for stocks. Are you ready for it?
To take full advantage of the trend, we're turning to a fresh set of "Rocket Stocks" for this week.
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 250 weeks, our weekly list of five plays has outperformed the S&P 500 by 77.79%.
Without further ado, here's a look at this week's Rocket Stocks.