BALTIMORE (Stockpickr) -- The first official day of summer was only yesterday, but it seems the summer doldrums are already here.
After a sluggish start to 2015 performance-wise, U.S. stocks are following up with an even less-than-lukewarm start to the warmer months. In the last month, for instance, the big S&P 500 index has given back about 1% of its barely-there gains.
Historically, summertime tends to be a pretty uneventful stretch for the broad market, as investors take vacations and trading volumes decline. The thing is, that's pretty much how this market has behaved all year long, churning sideways with little hint of which way things are going to resolve.
But if 2015's price action has taught us anything so far, it's that even in go-nowhere markets, individual stocks can make some big, meaningful moves. To find the big stocks primed for progress in June, we're turning to a new 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 304 weeks, our weekly list of five plays has outperformed the S&P 500's record run by 77.32%.
Without further ado, here's a look at this week's Rocket Stocks.