Rocket Stocks For The Week Of December 24th - December 28th
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average rating: 3.50 / 1 ratings
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Date updated:04-23-2008

Let's pick some winners and pray to our trading gods. Although, it doesn't really matter if the market goes up or down -- even if the market has a disastrous week, it will still be the case that out of the 8,000 public companies, at least 1,000 to 2,000 stocks will go up. It's our job to find and bring you those stocks.

The goal of this portfolio is not necessarily to find the best stocks for the next century but the ones that can either snapback this week because of an irrational selloff last week, or they have some other potential catalyst that can create explosive potential during the coming week

symbol name last price % change open
  • +
  • VLCK
    Vlck
  • $0.00
  • N/A
  • $N/A

First up is ValueClick, which has appeared on our buyout rumors list. ValueClick has been rumored to be a buyout candidate for Google or Yahoo for some time now as it provides advertising campaigns and other e-commerce advertising that may fit nicely with the Internet search company. Late Thursday, US regulators gave approval to the Google-DoubleClick merger; thus making ValueClick the last independent company standing. I suspect that any potential acquirer of ValueClick was waiting for the outcome of the Google-DoubleClick deal before they made an offer. ValueClick could easily fetch a $4 billion offer for Google, Yahoo or even Microsoft.

People owning VLCK also tend to own: AAPLGOOGJAKKATIBIDUHTENKE

TheStreet.com Rating: No Rating What is this?

  • +
  • DKS
    Dick's Sporting G
  • $24.62
  • +0.12%
  • $24.40

DKS was a Rocket Stock a few weeks and we nailed it for a nice 7% gain as they reported GREAT earnings. DKS is now back to its pre-earnings levels. Here are last quaters very powerfull earnings #s : Dick's reported third-quarter 2007 EPS of 10 cents on net sales of $838.8 million. Year-to-date EPS for the nine-month period was 71 cents vs. 41 cents for nine months of 2006. Higher margins, "deficiencies" in freight and distribution and the performance of Golf Galaxy all contributed to strong results. Net sales increased by 18% year over year

People owning DKS also tend to own: AMGNDAVEMSFTSIRICBHCKFRDGX

TheStreet.com Rating: C What is this?

  • +
  • GTOP
    Gtop
  • $0.00
  • N/A
  • $N/A

Another stock that appears on this week’s list is Genitope, which is a name I have liked for a few years now. After the close on Thursday, Genitope reported disappointing results for its MyVex cancer drug. While, they were disappointing, this is hardly a dead-knell for the company, as it plans to submit its findings to the FDA later this summer. Down some 80% is last week is a big over-reaction as management sounded fairly confident despite some very hard questions for analysts. MyVex is an interesting drug; I just think Genitope needs more time to develop it. This one didnt work out ;(

People owning GTOP also tend to own: BECNFCNGSICPNKPYXTFRTOA

TheStreet.com Rating: No Rating What is this?

  • +
  • JBLU
    Jetblue Airways C
  • $5.24
  • +8.49%
  • $4.82

People have certainly questioned why George Soros has held such a large stake in JetBlue. I know I did. But last week, Germay's Lufthansa has agreed to buy 19% of JetBlue. So that play isn't over for the legendary investor. If Lufthansa sees value at $7.27 then the stock looks even more attractive at $6.4

People owning JBLU also tend to own: ASRAMXAPABDKBRK.BCELGCHS

TheStreet.com Rating: D+ What is this?

  • +
  • N
    Netsuite Inc
  • $14.78
  • 0.00%
  • $N/A

Another momentum name I like this week is NetSuite—Up 36% on its IPO debut, NetSuite’s majority shareholder Larry Ellison said that he will put his shares in a “locked box”, implying that he believes NetSuite can trade much higher. NetSuite is involved in the “software on demand” business, which allows customers to buy computing power the same way they pay for other commodities. Only paying for what you use makes it high economical for business who are always looking to cut costs. Longer-term I think this is a great company and stock, but right now traders are looking for names to play and NetSuite fits the fill.

People owning N also tend to own: AAPLAPHABCDE

TheStreet.com Rating: A+ What is this?

  • +
  • AKAM
    Akamai Technologi
  • $23.32
  • +2.06%
  • $22.77

Also trigged by our custom 3x2 trader system; AKAM has seen some interesting technically patterns which have suggested a move higher in the near-term.

People owning AKAM also tend to own: CMGFCXGOOGJECRIGTJXAPA

TheStreet.com Rating: C What is this?

  • +
  • VMC
    Vulcan Materials
  • $47.96
  • +2.04%
  • $46.68

Next up is Vulcan Materials (VMC)—Down almost 50 points from its high of $128 VMC engages in the production, distribution, and sale of construction aggregates and other construction materials and related services in the United States and Mexico. VMC has been taken down as the overall growth concerning both it’s domestically and international business are perceived to have slown. Concern with the hurricane seasons last week might have hurt VMC as Hurricane Dean was looking to shut down some of VMC’s plants. Mexico's Yucatan Peninsula is in full operation following Hurricane Dean. Operations at the plant and adjacent harbor were suspended as part of the company's hurricane preparedness plan. Vulcan Materials is a snap-back play into next week.

People owning VMC also tend to own: BPTCOHDBAEVEPEWDEWMEWT

TheStreet.com Rating: C What is this?

  • +
  • GLW
    Corning Inc
  • $15.30
  • +0.20%
  • $15.02

Trades to $27 a share as it was triggered by our 3x2 trading system

People owning GLW also tend to own: ADTNALGNAMLNBEASCCMPCKFRCRL

TheStreet.com Rating: C+ What is this?

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