Rocket Stocks For The Week of June 23-June 27
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Date updated:06-22-2008

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
  • +
  • HUN
    Huntsman Corp
  • $6.38
  • 0.00%
  • $6.65

Pure snapback trade. Buy at the open on Monday, and sell 48 hours after you buy—or, if your up/down 5%

People owning HUN also tend to own: ADMBBEPCALMCEPCHKDISDLB

TheStreet.com Rating: C What is this?

  • +
  • KEY
    Keycorp (new)
  • $4.82
  • 0.00%
  • $4.60

Another snapback name this week is KeyCorp (KEY). KeyCorp, which is trading roughly around $11 per share, much lower than its $13 book value, could rally as it has taken substantial write-downs over the past year. Shares of KeyCorp are down over 20% over the past few weeks and could rally.

People owning KEY also tend to own: AUYBPCSELMTLUNAPEGPWE

TheStreet.com Rating: D What is this?

  • +
  • FITB
    Fifth Third Banco
  • $6.72
  • -4.00%
  • $6.90

Another snapback name. Was actually up during Friday’s nasty sell-off. Possible pairs trade: log FITB, short XLF

People owning FITB also tend to own: CACLECSCOGEGRKMPKR

TheStreet.com Rating: D What is this?

  • +
  • DE
    Deere & Co.
  • $46.39
  • 0.00%
  • $46.89

Weather issues have been putting substantial pressure on shares of DE. TITN’s earnings, show that DE will not be affect by the weather in the mid-west. Also, a snapback "ag" name

People owning DE also tend to own: AAPLAATICATCOFCOPDVNGS

TheStreet.com Rating: B- What is this?

  • +
  • AIG
    American Internat
  • $1.56
  • 0.00%
  • $1.64

Citi upgraded AIG last week.

People owning AIG also tend to own: AAIBMINTCJNJJPMKOMSFT

TheStreet.com Rating: D- What is this?

  • +
  • NOA
    North American En
  • $7.49
  • 0.00%
  • $7.99

North American Energy (NOA), which is the leading mining and industrial construction contractor in western Canadian, has its hand in the Canadian oil sands and other various mineral projects in Canadian. With shares of Oilsands Quest (BQI) and Oil States International (OIS), all near their 52-week highs; it’s safe to assume that North American Energy (NOA) should move higher after it reports.

People owning NOA also tend to own: AETBCEBFAMBKBNICMECMED

TheStreet.com Rating: D What is this?

  • +
  • COMS
    3com Corporation
  • $4.89
  • +8.67%
  • $4.51

It reports earnings after the close on Tuesday. Last earnings report, which was in mid-march, 3Com (COMS) moved 12% higher, as revenue rose 4% from a year ago to $336.4 million, compared to Wall Street’s forecasts of $332.8 million. Last September, private-equity firm Bain Capital and Chinese-based Huawei technologies, had proposed a $2.2 billion deal, which was rejected by the United States government, over concerns over the fact that sensitive military technology could be compromised with the Chinese government—The point of this, is that both firms saw substantial value in shares of 3Com (COMS) 3Com (COMS), also has an 8% short position, would could fuel any substantial rally.

People owning COMS also tend to own: GEGICOUSUBOTCOPCTBHAL

TheStreet.com Rating: D+ What is this?

  • +
  • MON
    Monsanto Co. (new
  • $82.70
  • +1.50%
  • $82.21

Heavy call buying in this agricultural stock, suggests it has more room to run ahead of earnings

People owning MON also tend to own: CALCOPDSLHALMOSHLDSTX

TheStreet.com Rating: No Rating What is this?

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