The stock market in 2014 saw a change in trend, wherein the usual top-performers took a backseat to let the other sectors surge ahead. Technology, healthcare, utilities, and consumer staples were the sectors that stole the limelight, while the gas/energy sector was adversely affected, primarily due to the drastic fall in oil prices around the world.
Below, we’ll be taking a peek into 8 of the top-performing stocks in the market; this information has been construed based on past trends and various other market factors. However, as a smart investor always take into consideration the large number of factors involved in investing in a stock, especially given the bullish state of the market.
Considering the continuing progress of this tech giant, investing in Google has brought cheers to many. Google stocks hit an all-time high of $607.22 in February 2014, and have come down to $500 in recent times. However, bullish investors are of the opinion that Google’s stock prices would easily touch the $650 mark in 2015. Having maintained an impressive track record of constant innovation, this multinational has diversified into numerous sectors. Even Peter Thiel, the co-founder of PayPal, opines that Google has better prospects in the coming decade than its fierce competitor Apple.
Wal-Mart Stores Inc.
Walmart’s upsurge since February 2014.
The consumer staples sector has been on cloud nine since last year, and Walmart continues to be a personal American favorite when it comes to dishing out essential consumer goods. This conglomerate’s growth is steadily reflected in its stock prices, which hit an all-time high of $90.47 in January 2015, having grown nearly $16 in value from $73.82 in October, 2014. The steady growth that this organization has shown is expected to continue in the future.
The share prices of this company have surged to become $45 in January 2015 from $30 last year. The company is seeing an upward climb due to the news of its recent acquisition by Shire PLC for $5.2 billion. Having seen positive growth since the latter half of 2014, which continued into 2015, this organization has cashed in on the rise of the pharmaceutical and healthcare sector in the past year.
The chart depicts the 1 year movement of Neurocrine Biosciences stocks. As you can notice, these stocks are experiencing an upward growth in the stock market.
This biopharmaceutical company rapidly rose in value from around $9.28 in December 2013 to $19.65 in January 2014. In January 2015, the stock prices of this company reached $29.51, helping investors make good profit in the smallcap market.
The chart depicts the 5-year stock price movements for Pfizer shares.
This multinational, which is headquartered in New York, has seen steady growth since the last 5 years, making it one of the safest bets out there. Its shares rose from a price of $19 in 2010 to around $32.77 in 2015. With a dividend yield of 3.2%, this pharmaceutical company is ranked one of the world’s largest in terms of revenue.
Another promising option to consider in the tech sector, this organization owns some of the most trending technologies in the world. After its IPO in 2012, each share in this company was valued at $38.23 in 2015. However, after a series of ups and downs, the share prices have remained promising at $76.72. Short-term gains apart, this organization has recently diversified. No longer limited to social networking, Facebook offers plenty of potential, especially for those looking to foray into the tech sector this year.
The Home Depot
This retailer of home improvement and construction products have shown steady growth over the past 5 years. In 2010, each share in the company was valued at around $28.57, and by 2015, that value has steadily risen to hit an all-time high of $104.89. The drop in fuel prices helped the consumer staples sector in 2014, and the stock prices of The Home Depot reflect this trend.
An off-price retailer of apparel and home goods, the stock prices of this company have many-a -time exceeded the forecasts of market experts. Having begun trading at $5 a share in 2005, its stock prices hit an all-time high of $68.90 in late 2014. This growth is expected to continue into 2015 as well.
Robert Farrington is America’s Millennial Money Expert® and America’s Student Loan Debt Expert™, and the founder of The College Investor, a personal finance site dedicated to helping millennials escape student loan debt to start investing and building wealth for the future. You can learn more about him here and here.
He regularly writes about investing, student loan debt, and general personal finance topics geared towards anyone wanting to earn more, get out of debt, and start building wealth for the future.
He has been quoted in major publications including the New York Times, Washington Post, Fox, ABC, NBC, and more. He is also a regular contributor to Forbes.