Rocket Stocks for the Week

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By Jonas Elmerraji

BALTIMIORE (TheStreet) -- Last week was brutal for investors. With four of the last five trading sessions ending in the red, the S&P 500 index closed 4% lower on Friday than its open last Monday. But things are turning up this week, with markets opening higher on hopes of a November bounce.

Right now is a very key time for the market. With the pullback we've had in recent weeks and with aggregate share prices nearing their 50-day moving averages, we could be witnessing a very significant bounce over the next couple of trading sessions. If not, the markets could be set to fall even further.

With that in mind, Stockpickr presents another installment of its weekly Rocket Stocks list. These beaten-down stocks with near-term growth catalysts and long-term growth potential may be among the best-positioned for a bad market, but they're far from immune to it. And while our picks closed way ahead of the S&P 500, our average return for the week was -1.55%.

That means that over the course of the last 15 weeks, Rocket Stocks have outperformed the S&P 500 by 31.4%.

First, let's take a look at how last week's Rocket Stocks plays fared.

Pulling top returns last week was NutriSystem(NTRI Quote), the weight-management company that counts Don Shula and Dan Marino among its spokespeople. The stock nailed earnings numbers last week, bringing in 10.13%. Amazon.com(AMZN Quote) also managed to fare well and outperform the S&P 500 in the week after its solid earnings release. Shares rose 0.27% in the week.