BALTIMORE (Stockpickr) -- Stocks are starting off the week on another high note -- the S&P 500 ended Friday's session at a fresh all-time closing high, tacking onto the double-digit gains that the big index has booked year-to-date. Assuming no surprise stock market drops between now and the end of the year, the S&P is on track to end the year more than 12% higher.
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Factor in dividends, and that number rises to 15.6% gains for the S&P 500.
Put simply, we're still very much in a "buy the dips market" for stocks. And for selective investors, that means more upside looks likely in the months ahead. To take advantage of that upside momentum in the market, we're turning to a new set of Rocket Stocks to buy for gains 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 277 weeks, our weekly list of five plays has outperformed the S&P 500's record run by 78.5%.
Without further ado, here's a look at this week's Rocket Stocks.
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