Five Tech Stocks Winners In 2015 Poised For Continued Growth In The New Year

As many investors know, 2015 was an unfortunate year for stocks overall, as major markets are set to have their worst performance in several years. Despite this poor performance, there were some bright spots in certain sectors, and some stocks still greatly outgained the overall markets. Several of these “winners” in 2015 happen to be technology stocks, and with great showing in 2015, it is extremely possible that the following stocks will be able to produce solid gains again in the coming year. 

Below are 5 stocks that produced substantial positive gains in 2015, and are poised to continue that momentum into the fast approaching New Year.

Facebook Inc (FB – Analyst Report)

The first of these 2015 winners is Facebook, which saw its stock gain +33.4% year-to-date. FB is currently a Zacks Rank #2 (Buy), and the company could have another memorable year in 2016.

A new partnership with ride-hailing company Uber, which has the service available through Facebook Messenger, is just another step FB has taken to diversify itself and its abilities. Furthermore, Facebook announced in its most recent earnings report that more than 8 billion video views occur on a daily basis, which is more than the last reported number provided by YouTube.

FB user growth also grew 12.6% year-over-year in its most recent quarter, and the company-owned Instagram topped 400 million users this past September, a number continues to grow. Another company acquisition, Oculus Rift, resides in the virtual reality market that was recently projected by recode.net to grow to $70 billion by 2020. Though Oculus Rift is far from scratching the surface of its potential, it could begin to produce FB investor benefits in 2016, especially as FB begins to ramp up its marketing efforts for the VR platform.

Alphabet Inc. (GOOGL – Analyst Report)

Technology giant Alphabet, the company formerly known as Google, also had an extremely strong year in 2015, as the company’s stock is up around 43% year-to-date. Though a Zacks Rank #3 (Hold), the company owns a B for its Growth Style Score from Zacks. In addition to an impressive stock price gain, GOOGL was also able to produce EPS growth of 34.82% in 2015.