Below is a list of the Top Stocks in 2014. These stock picks
for 2014 are some of the stocks I own and will trade personally. As we head into the summer of 2013, the stock market
is taking a dip but this is yet another buying opportunity to profit on in 2014. If you are looking for some penny stocks
to buy in 2014, I've added a few of those as well.
While most of my 2014 prediction below have already come true,
especially Zillow (Z), here are two more stocks to buy in 2014. Noodles & Company (NDLS) and Yelp (YELP).
See Also - Stocks for 2014
Noodles & Company (NDLS) is a fast growing restaurant chain that just went public two months
ago. NDLS stock rallied from $32 on IPO day to $52 a few days later. The company beat earnings, revenue, but kept
guidance the same for 2013. NDLS dropped from $47 down to $39. Right now around $41, the company is valued at
1.18 billion and has a forward P/E of 75. Seems expensive right? Many bears and short sellers will say so but
I actually think NDLS is cheap. Yes that's right, CHEAP! You see, looking at past and present P/E ratios to value
a high growth company is foolish. When you are looking for a long term buy, look at market cap compared to it's peers.
Chipotle (CMG) is much bigger but has a 12.4 billion market cap. If NDLS continues to execute, there is no reason the
market cap won't hit $2-$3 billion in 1-2 years. I'm giving NDLS a conservative price target of $60-$65 in 2014.
This would represent a 50-60% gain. NDLS is a strong buy below $40, especially if it drops below $35. Valuation
only matters when there is something fundamentally wrong with a company and that is not the case for Noodles & Company.
Yelp (YELP) is another high growth stock that has a high forward P/E ration. However, the market
cap is only 3.1 billion and they will soon become profitable in 2013. YELP is currently trading around $49 and I think
they stock can hit $70 in 2014. This would give YELP 50% upside from here. YELP is seeing a massive traffic surge
from mobile. I could see a company buying YELP out in a few years for $5-6 billion easy.
Previous Stock Picks for 2014 - Below were my previous stock picks for 2014, TSLA, Z, SCTY,
RAD, RH. While these stocks are still strong buys, most of them have run a lot. Zillow (Z) has doubled and Tesla
(TSLA) has rallied almost 60%. I continue to think TSLA and Z have a lot more upside but I would only be buying on dips.
RAD has rallied from $2.40 to $3.60, obviously I like it a lot less but would buy it on a dip to $2.80.
Tesla (TSLA) - Stocks to Buy 2014 - Technology Stocks - Tesla (TSLA) is my top technology stock
in 2014. Right now, TSLA shares are trading around $95-$100 after the company reported blow out earnings last quarter. Tesla
(TSLA) did a share offering in which CEO and Founder Elon Musk bought at $92.20 and added to his 24% stake
in the company. Tesla (TSLA) makes high powered electric vehicles and is building a supercharger network all over
the US. By the start of 2014, Tesla Motors owners will be able to make a cross country trip using the supercharge stations
or battery swap technology. Tesla (TSLA) even plans to come out with a medium priced electric vehicle in the next 3
Here is the plan for Tesla (TSLA) stock over the next 6 months and into 2014. Hope the company misses
earnings and then buy all major pullbacks. We haven't seen this type of disruptive technology since Apple in the early
2000's. Tesla (TSLA) is a strong buy in 2014 and has a $200 price target.
- SolarCity (SCTY) is my top solar stock pick for 2014. Elon Musk owns around 28% of this company and continue to buy.
SolarCity offers a no cost solar panel displays systems for the home and business. They lock you into a contract to
lower your electric bill and sell the excess back to the grid making even more money. The kicker here is that they also
power the Tesla (TSLA) supercharger stations as well as the home Tesla (TSLA) supercharger devices. SolarCity (SCTY)
is a strong buy below $30 per share, I'm giving SCTY at $60 2014 price target.
Stocks to Buy and Hold into 2014 - Real Estate Stocks - Zillow
(Z) - Zillow (Z) is absolutely killing it right now in the real estate sector. The company is growing revenue
at a high rate while spending on advertising to strengthen the brand. Shares of Zillow (Z) are currently fluctuating
between $50-$54 so the stock becomes a strong buy below $50. I'm giving Zillow (Z) an $80 price target for 2014.
Top Stocks 2014 - Restoration Hardware (RH) is
one of my top stock picks in 2014. Restoration Hardware (RH) is the new high growth William Sonoma (WSM) stock that
is on a tear. Shares of RH are up over 100% in 2013 and the company is growing at a rapid clip. RH is a stock
to invest in 2014 below $60 per share. I'm giving Restoration Hardware (RH) a 2014 price target of $100 per share.
Penny Stocks to Buy 2014 - Rite Aid (RAD) - Shares of Rite Aid (RAD) are on fire in 2013 due to an
earnings turnaround. Pullbacks below $2 into 2014 are a strong buy. RAD is my top penny stock for 2014.