Which Stocks Will You Be Watching in 2016?
There have been some big stories of share price gains during 2015, with stocks like Amazon (AMZN) more than doubling in value this year, and other big names like Google (GOOG) – or Alphabet Inc. as it is now known – rising by around 50% in the second half of the year.
While there has been a lot of chatter in recent days about whether we are truly in a stock picker’s market or whether this is just a myth, it’s certainly true to say that if you had invested in Amazon and Google at the start of 2015, you’d be a very happy man right now.
This does make you wonder whether there are any stocks to watch in 2016 which might produce the same kind of results as the two mentioned above? A recent article released by Business Insider named 20 stocks that financial services giant Morgan Stanley think are worth keeping an eye on for the coming year. Here we’ll mention a few of the big names on their list, but please feel free to share your own stock predictions for 2016 at the end of this post.
As we said earlier, Amazon gained around 120% in 2015 and with the huge growth in Prime subscribers seen over the holiday period, you wouldn’t bet against them rising further in 2016. In fact, one capital analyst stated recently that the infrastructure which Amazon is currently building could well spell ‘game over’ for other players in the industry. This is just one of the reasons why the Amazon stock is sitting pretty at the top of Business Insider’s list of stocks to watch for 2016.
With the level of assets in ETFs eclipsing the assets held by hedge funds for the first time earlier this year, BlackRock’s industry leading ETF platform coupled with its strength in alternative asset classes make it a strong proposition for 2016, according to Morgan Stanley.
News Corp (NWSA)
Following the recent streamlining of this media juggernaut, the team at Morgan Stanley feel that they are now well positioned to take full advantage of the global boom in content monetization.
Analysts are impressed with the consistent growth in same-store sales (7-10%) produced by coffee shop giant Starbucks over the past three years and they feel that as the food menu is predicted to improve in quality, this growth could be set to continue, making it a solid stock to own for 2016.
Symantec are probably best-known to many for their Norton Antivirus product and they are the global leader in cybersecurity. With a perceived significant potential for margin improvements going forward, Morgan Stanley are also championing Symantec as one of the stocks to watch for 2016.
Here we’ve looked at 5 stocks being put forward by analysts at Morgan Stanley as potential gainers for the coming year. Do you agree with them, or do you think that there are others which should be at the top of the list?
What stocks will you be watching in 2016?