We are down to the final three weeks of trading in 2014, and while most traders are focused on holiday plans, it is important to spend some time planning our 2015 investment strategies. It is never too early to start planning ahead to boost our chances for success in the new year.
Around this time of the year, analysts come from every direction with their opinions on which stocks will be top performers in 2014, and while there is no magic crystal ball to predict which stocks will be standouts, it is still worth paying attention to their ideas.
This year has had its fair share of ups and downs, but overall it has been another positive year for investors. The Dow Jones has been the weakest of the major indices, climbing just 6.8% on the year. By comparison, the NASDAQ has risen 13.25%, and the S&P is up 10.8%.
While 2014's returns have been sharply lower than last year's, the markets have managed to move higher, something that was in question during the mid-October sell-off.
The million-dollar question is which stocks will be the cream of the crop next year? No one can say for sure which stocks will be the stars of 2015, but the following stocks are getting strong ratings from Wall Street analysts, and could be the stand-out stocks everyone is talking about this time next year.