James Altucher of TheStreet.com comes up with a list each week of stocks that have potential catalysts to move during the week.  Some of the stocks in this week’s list are:

Nokia (NOK).

Nokia is down a whopping 35% for the year, despite having a market share of 49.4% in the smartphone market.  Nokia is poised to report a solid earnings surprise.  The company has $16 billion in cash, operating margins north of 15% and revenue growth of almost 30% per quarter.

Anadarko Petroleum (APC).

a. Anadarko has been totally killed, down about 20% since early June, mostly due to a very slight pullback in natural gas futures. Anadarko is dirt cheap, trading with a forward P/E of just 11, and has huge untapped reserves in Pennsylvania’s Marcellus Shale.

Reliance Steel (RS).

Reliance Steel, which is by far the cheapest of the steel companies, reports earnings this week. They are going to report a monster upside quarter, and you’re going to want to take part in that.  A forward P/E of 9 doesn’t reflect its true earnings potential, given where steel prices are going.

Eaton (ETN).

designs, manufactures markets and services electrical systems and components worldwide, should be an interesting trade, because investor sentiment is very bearish on international construction companies. He thinks international growth is booming and that Eaton is going to have a monster quarter. Eaton has a history of beating earnings estimates and either guiding above or slightly above analyst estimates.

Track the weekly picks at:

http://www.trackthepros.com/categories.php?category_id=539