Best Stocks For 2014

December 28, 2013 by staff

Best Stocks For 2014, Gene Munster, Piper Jaffray managing director & senior research gives his best three tech stocks to own in 2014. Munster says Apple has an opportunity to reinvent their TV lives.
The best stocks for 2014 are leaders in strong sectors, Piper Jaffray analyst Gene Munster said Friday.

“It’s pretty straightforward: Pick the themes, then pick the winners within the themes,” he said.

On CNBC’s “Halftime Report,” Munster identified three areas of technology that he believed would do well next year: mobile, e-commerce and local.

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“We think Apple’s a great play for mobile in 2014,” he said.

Munster said that China Mobile’s recent deal to carry Apple products should add about 5 percent to Wall Street earnings estimates for the March quarter.

He also said that Apple has generally introduced new product categories every three years.

“If there’s a three-year window to own it, now’s the time to own it,” he said.

Munster also said that an Apple TV was still in the works.

“We’ve been dead wrong on the timing of this,” he said. “We still believe that Apple is working on a TV based on what some of the company’s comments are about new product categories and some other work we’ve done on the supply chain. We continue to believe that that’s going to happen in 2014.”