5 Rocket Stocks That Are Ready for Blastoff

BALTIMORE (Stockpickr) -- There's something that the big market indices aren't telling you this summer.

At a glance, May looked like a pretty weak month for the broad market. After all, the big S&P 500 index barely managed to move a full percentage point higher for the month, hardly tacking anything onto pretty paltry 1.64% price gains year-to-date.

But while the broad market was showing investors a mediocre move, lots of individual names were in rally mode.

For example, a full 20% of S&P 500 components actually moved 5% higher or more during the month of May. And one in 10 S&P stocks actually climbed by 10% or more for the month. That's a huge chunk of the market that's making big moves right now.

To find the ones primed for similar upside in June, we're turning to a fresh set of Rocket Stocks worth buying 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 302 weeks, our weekly list of five plays has outperformed the S&P 500's record run by 76.40%.

Without further ado, here's a look at this week's Rocket Stocks.

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