As we reach the end of 2014, investors are looking forward to 2015 and we quickly take a look some stocks that will be in the thick of things in 2015. Manny of the stocks have recorded gains in the current, but may have the potential to take those gains to new levels in the next year.
Apple Inc. (NASDAQ:AAPL)
Shares of the company witnessed a roller-coaster a couple of years back when the stock plummeted to $450 level from the then life-time high of $705 before the stock was split. However, the year 2014 saw Apple Inc. (NASDAQ:AAPL) shares reaching a fresh life-time high of $119.78 after adjusting for stock split.
Analysts’ have started estimating the shares of the technology company to reach $150 citing improved pay system, TV and Apple Watch products as key factors.
Bank of America Corp (NYSE:BAC)
The stock has been under-appreciated. However, Bank of America Corp (NYSE:BAC) shares have come back impressively in the volatile finance sector. The stock nose-dived to $6.75 in early 2013, and now trading above $18 mark. The expectations that the economy would do better in 2015 should help the financial institution in meeting the demand and reducing the non-performing assets. Analysts’ have a price target of over $20 for the company’s shares. The company could see benefit from a raising rate environment which would allow more flexibility in net interest margin.
Facebook Inc (NASDAQ:FB)
Shares of the company were IPO’d in 2012 and struck a low of $17.55, which was nearly half the price of its IPO. Since then, the stock has been on fire and the company has made a number of acquisitions including companies like Instagram and WhatsApp.
Analysts’ are optimistic about Facebook Inc (NASDAQ:FB) shares since its advertising revenue from mobile segment started picking up. Scott Kessler, S&P Capital IQ’s equity analyst, expects the company to continue to establish advertising technologies, as well as, offerings, which would lift revenues from its mobile operations.
Google Inc (NASDAQ:GOOGL)
The company’s stock always finds a place in anyone’s pick. The company remains the undisputed leader in search engines maintaining its leadership position of Internet’s biggest index of information, which meant big chunk of web pages, videos, and images.
Analysts’ are expecting Google shares to hit a minimum of $650 next year. The company’s stock always bounced back and remains one of the top blue chip stocks.
Microsoft Corporation (NASDAQ:MSFT)
The company’s stock was termed as a laggard since it allowed other technology companies to score over it. However, Microsoft Corporation (NASDAQ:MSFT) surprised investors’ in 2014 with its performance. Its CEO, Satya Nadella, has also spelt out the priorities of the company with Cloud computing a main focus that seems to be yielding fruits to the software company.
The CEO has also been focusing on mobile segment with mobile-first tactics. Both mobile and cloud would provide significant opportunities for growth.