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Two Stocks Ready to Dominate in 2015

With 2014 coming to an end, you’ve got a few things you need to do to prepare for the start of the New Year. One of those things is identifying where there are weaknesses in your portfolio and adding positions that are likely to return sizeable gains. There are two stocks that are on my radar for 2015 that I believe will return solid gains.

1. Cameco Corporation

Since joining the Fool team, I have talked about Cameco Corporation (TSX:CCO)(NYSE:CCJ) regularly because I am a big believer in nuclear energy. While it is not as clean as solar, it has the potential to generate significant amounts of power at a much smaller impact to the Earth in comparison to fossil fuels. Someone has to provide the fuel, though, for these nuclear power plants and Cameco is one of the biggest.

The company has been experiencing a resurgence these past few weeks, having gone from a low of $17.85 to a 3-month high of $22.22 as of close on Thursday. This is because people are gaining aware of uranium as Japan begins the processing of restarting its nuclear reactors. It’s anticipated that they will start running in 2015.

With the price of uranium continuing to rise, now at US$44.00 per pound, Cameco looks to be in a prime position to dominate in 2015. And while the price of uranium continues to rise, Cameco will pay you a 1.80% dividend yield. It’s not the best dividend paying stocks, but it’s still respectable.

2. BlackBerry Limited

A nonstop roller coaster, BlackBerry Limited (TSX:BB)(NYSE:BBRY) has given many investors heartburn. And there are investors on both side—long and short—who are vehemently against the other side succeeding. But I am on the bullish side and I believe you should be as well going into 2015.

CEO John Chen has the company focused on what it does best which is enterprise. It is releasing products like the Passport and Classic that are going to have many loyal fans excited. Further, it just signed a partnership with Samsung should boost its software division. This partnership signals that the company sees cooperative initiatives with other phone developers to be a good thing, which I love. With BlackBerry software, Samsung could become a favorite for the BYOD environment.

Finally, there’s the Internet of Things. One of my first articles with Fool was about the potential IoT offers to BlackBerry. Its QNX operating system will be used to power many different devices and is already in many cars on the road today. As more devices start to get online, they’ll require a strong, secure operating system and I believe QNX is that.

These are both great, but there's one stock even better...

Don't get me wrong here. BlackBerry and Cameco are both really great companies to have in your portfolio and I want you to add them. But if you are looking for one that I believe will do even better than these two, you should check out the one in our free report and discover 1 top Canadian stock for this year and 2015.

Fool contributor Jacob Donnelly has no position in any stocks mentioned.

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