With names like Amazon.com Inc AMZN 0.66% and Netflix Inc NFLX 0.24% leading the S&P 500 surge in 2015, it’s clear that growth has been a key market driver this year.
The Technology Sector certainly has no shortage of high-growth names, and six Credit Suisse analysts each recently picked their top tech stocks to buy in six different subsectors.
Here’s a full list of the names they chose.
1. Internet: Facebook Inc FB 0.56%
Analyst Stephen Ju believes that Facebook will be able to drive revenue growth without “material lift in ad loads” and feels that Wall Street’s conservative estimates for Facebook “underestimate the long-term monetization potential of upcoming new products.”
2. Semiconductors: Analog Devices Inc ADI 2.8%
Analyst John Pitzer sees the potential for aggressive shareholder returns in coming years and believes that the company is well-positioned for “proliferation of force-touch applications across multiple Apple products.”
3. Semiconductor Equipment: Lam Research Corp LRCX 2.5%
Analyst Farhan Ahmad keeps it simple, explaining that growth in the saturable absorber mirror (SAM) market will continue to propel the stock higher in coming years.
4. Software: Autodesk Inc ADSK 0.59%
Analyst Phil Winslow believes…
Click here to continue reading
Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!
