First things first, be aware that the Stock Market is volatile and fortunes are made and lost every day. Having said that, these are my informed predictions for 2011 and the stocks that I think are likely to perform well in 2011.
There is little doubt that Apple will continue to grow market share. Using plane English, let me ask you this. How many people do you know that own an iPod? How many people do you know who own an iPhone or even the new iPad? In spite of a pretty lousy economy Apple has been performing quite nicely and I don’t see that trend changing any time soon.
It would seem that in good times and in bad the one thing that remains a constant with consumers is entertainment. I believe that Netflix is bound to continue growth as it becomes a household word. The old model of video rentals died along with Blockbuster Video and the new wave for rentals will be Netflix.
Netflix offer a fantastic service at a good price point with very quick DVD rentals delivery. Their library of on-line streaming media is very impressive. Most of the new streaming content is provided in high definition and I’ve only had one mishap with the streaming media. I had to hit the refresh button on my browser to get a documentary started, I remember because it was the one and only time that has happened.
This may surprise you but Ford Motor Company is looking mighty fine these days. Lets talk number for a moment, Ford had record earnings at $1.7 billion for third quarter earnings. Fords new line of automobiles have been in high demand. You should always bet on a winner and ford is likely to be a very big winner. I think this stock will go up in price quite quickly so if you’re going to make a move, might want to do it soon.
Thinking logically, what company is poised to make profits in good times and in bad? Why that would be your friendly, neighborhood Walmart. This Goliath is constantly expanding, it has low prices on products people want. If Walmart disappoints any investor in 2011 then I’ll be in full blown shock.
I like Warren Buffets company, Costco. In the previous fiscal year Costco made $2.93 and experts are expecting that Costco will hit $3.28 in 2011. If their right then Costco’s growth is right around 10% and that’s a number we can all enjoy.
There you have it, my personal top 5 list of stocks that I personally expect to see growth and earnings in 2011.