These 11 stocks are set to crush the market over the next year, according to one Wall Street firm

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Mario Tama / Getty Images

  • Wedbush Securities released its updated “Best Ideas List” for December on Friday.
  • The report includes the firm’s top stock picks across the industries it covers including software, retail, and financial services.
  • Markets Insider calculated the implied upside for each stock using their closing prices on Thursday and the price targets provided in the report.
  • Here are 11 stocks that could crush the market next year, according to Wedbush.
  • Visit the Business Insider homepage for more stories.

Wedbush Securities on Friday published an update to its “Best Ideas List,” which features a collection of the bank’s favorite stocks in December.

The Wall Street firm’s report includes stock picks across the variety of industries Wedbush covers, including software, retail, and financial services.

Each pick is accompanied by a price target from the firm’s analysts, and Markets Insider calculated an implied upside using that data. That represents the potential return from Thursday’s closing prices to the forecasted price targets in the report.

These 11 stocks could dominate the market next year, according to Wedbush. They’re listed in increasing order of expected upside from Thursday’s closing prices.


11. Royal Caribbean Cruises

Ticker: RCL

Industry: Hospitality

Price target: $140

Implied upside: 15.7%

Source: Wedbush Securities


10. Tempur Sealy International

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Tempurpedic

Ticker: TPX

Industry: Mattress manufacturing

Price target: $100

Implied upside: 17.9%

Source: Wedbush Securities


9. Advance Auto Parts

Ticker: AAP

Industry: Automotive parts

Price target: $180

Implied upside: 18.2%

Source: Wedbush Securities


8. Salesforce

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Salesforce

Ticker: CRM

Industry: Software

Price target: $192

Implied upside: 21.3%

Source: Wedbush Securities


7. Pegasystems

source
Reuters

Ticker: PEGA

Industry: Software

Price target: $95

Implied upside: 23%

Source: Wedbush Securities


6. Activision

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Reuters

Ticker: ATVI

Industry: Video game publisher

Price target: $69

Implied upside: 25.5%

Source: Wedbush Securities


5. Jack in the Box

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Jack in the Box

Ticker: JACK

Industry: Fast food

Price target: $100

Implied upside: 27%

Source: Wedbush Securities


4. PayPal

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Reuters/Albert Gea

Ticker: PYPL

Industry: Payments

Price target: $140

Implied upside: 33.8%

Source: Wedbush Securities


3. Columbia Sportswear

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Reuters

Ticker: COLM

Industry: Retail

Price target: $126

Implied upside: 37.6%

Source: Wedbush Securities


2. Wix.com

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Thomson Reuters

Ticker: WIX

Industry: Web development

Price target: $165

Implied upside: 38.9%

Source: Wedbush Securities


1. Zynga

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Thomson Reuters

Ticker: ZNGA

Industry: Game developer

Price target: $9

Implied upside: 44.2%

Source: Wedbush Securities