Rocket Stocks for the week of March 16th – March 20th
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Date updated:03-20-2009

Each week I like to find beaten-up stocks that I believe have the potential to snap back in coming days due to a specific event driven catalyst that could either move the price higher or lower. I especially like when these stocks with near-term growth potential also qualify as solid long-term plays. And with the market down huge, there are penalty of short-term opportunities out there

symbol name last price % change open
  • +
  • ADBE
    Adobe Systems Inc
  • $34.67
  • -3.02%
  • $35.79

Adobe (ADBE): Long ahead of earnings. Adobe basically pre-announced a better than expected first-quarter with sales of $783 million to $786 million dollars as the company projected adjusted earnings of 44 cents to 45 cents per share, which is above the average Wall-Street estimate of 42 cents.

People owning ADBE also tend to own: AIGBBYCAGCECOCSCOCSGGILD

TheStreet.com Rating: C What is this?

  • +
  • PALM
    Palm
  • $4.0025
  • -29.16%
  • $4.64

Palm (PALM): Rumors flying around of a possible Dell (DELL) joint venture of even merger have propelled shares of Palm substantially higher—any update regarding its new touch screen phone could send its shares past $10.

People owning PALM also tend to own: GMEGOOGHSYKONFLXNKEPBG

TheStreet.com Rating: D What is this?

  • +
  • COMS
    3com Corporation
  • $7.66
  • -0.52%
  • $7.71

The stock moved 20% higher intraday when it last reported earnings. Last year, private-equity firm Bain Capital and Chinese-based Huawei Technologies proposed a $2.2 billion deal, which was rejected by the U.S government over concerns that sensitive military technology could be compromised by the Chinese government. The market has totally forgotten that on Aug. 5, 3Com raised its forecast for the fiscal first quarter to $335 million to $340 million, compared with the previous estimate of $325 million to $330 million. The company also expects its non-GAAP earnings per share to be in the range of 6 cents to 8 cents, compared with the prior view of 3 cents to 5 cents. 3Com seems like a good risk/reward trade ahead of the quarter

People owning COMS also tend to own: GEGICOUSUBOTCOPCTBHAL

TheStreet.com Rating: C What is this?

  • +
  • NPD
    China Nepstar Cha
  • $7.25
  • -2.03%
  • $7.42

No Analysis added

People owning NPD also tend to own: BIDUCAFCEOCHLCISGCRICCTRP

TheStreet.com Rating: C- What is this?

  • +
  • CWCO
    Consolidated Wate
  • $13.77
  • +1.47%
  • $13.47

No Analysis added

People owning CWCO also tend to own: AMGNANFBBBBELOSHARIIFMER

TheStreet.com Rating: C What is this?

  • +
  • CSIQ
    Canadian Solar In
  • $22.00
  • +1.99%
  • $21.64

No Analysis added

People owning CSIQ also tend to own: CMGIGSSHYGSKADONTREVSFE

TheStreet.com Rating: No Rating What is this?

  • +
  • GIS
    General Mills
  • $73.34
  • -0.41%
  • $73.71

No Analysis added

People owning GIS also tend to own: CARCOFCOPDOWFRNHDHPQ

TheStreet.com Rating: A What is this?

  • +
  • NEOG
    Neogen Corporatio
  • $24.35
  • -2.01%
  • $24.99

No Analysis added

People owning NEOG also tend to own: ANGOANIKBRLIENGGCOMGPXHGRD

TheStreet.com Rating: A What is this?

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Q. was talking with someone who inv...
03.21.10 | 09:09 AM Asked by fine tune your disciplines

A. and he wants to add actual gold
ownership to his 401k....kitco has an
IRA option to own gold...you 401k
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just think of the fees you could charge
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