By Stockpickr Guest Columnist Jonas Elmerraji

On Tuesday, the financial stimulus plan passed by congress underwhelmed Wall Street, while the woes of the big three automakers -- GM (GM), Ford (F) and Chrysler -- made queasy investors seasick, sending the Dow down 297.81 points to 7,552.60 (less than one point away from Nov. 20’s closing low of 7,552.29).

Indeed, the battle between the bulls and bears is raging. Can you guess who’s winning right now?

Still, there might money to be made in this market for investors who aren’t afraid to get their hands dirty and wrangle some “Rhino Stocks.”

What are rhino stocks? These are mid- to large-cap stocks that have double-digit gain potential right now. Like the animals they’re named after, rhino stocks are prone to charge, even if the market at large isn't.

Here’s a look at my rhino stocks for February.

Leading the pack is aircraft manufacturer Textron (TXT). The company, which manufactures civil and defense aircraft as well as industrial products (like E-Z-GO golf carts), has seen its share price fall off a cliff since last May, when the stock closed as high as $64.23.

With TXT shares trading in the mid-$6 range, that price is pretty important. That price range means that Textron is selling for about 62% of the book value of its assets. It means that the company is on the market for about 3.5 times its earnings. Combined, it means that Textron is a bargain.

But why’s the company so cheap?

Well, Wall Street wasn’t as receptive to Textron’s move to draw their $3 billion credit lines and subsequently dropped the company’s shares to their lowest point in 18 years.

Still, at that price, Textron makes for an attractive value play right now. While the company certainly has some issues to sort out, I’m counting on big returns in the next 12 to 18 months. Keep your eye on this one.

The rhino stock this month is j2 Global Communications (JCOM). JCOM is a communications outsourcing company, whose 16 services provide online faxing, voice services and email services to more than 11 million customers.

JCOM has an impressive track record. The company survived the dot-com bubble and ensuing recession to return a staggering 2,745% (splitting twice in the process) to investors who stuck it out with the company between 2001 and now. That’s in large part due to this company’s financial performance.

In their latest reported quarter, which ended September 2008, the company announced record profits despite the negative effects of the economy. JCOM’s earnings increased 20% over the prior year to $18.8 million and the company reaffirmed its guidance for the fourth quarter.

Translation: Expect another highly profitable quarter from this company.

To see these picks in action, check out the Rhino Stock Report model portfolio on Stockpickr.

And for the full analysis on these stocks and the rest of my Rhino Stock Report’s model portfolio, visit rhinostocks.com.

Posted on Feb. 18, 2008

The author had no personal positions in the stocks mentioned -- only in his newsletter’s model portfolio.