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3 Top Stocks for Growth in 2015

There are a lot of stocks that are going to have a great year in 2015. But there are three in particular that I believe are poised to really dominate the market and grow. And what would make me very happy is if investors started the year right by owning some of these companies.

BlackBerry

The first stock on our list is BlackBerry Ltd.  (TSX: BB)(Nasdaq: BBRY). BlackBerry has had a really rough few years. But for the first time in a long time, BlackBerry has generated a profit and is continuing to make changes to the business that will see it generate even more money going forward.

Primarily, that’s happening by selling phones that its niche audience wants. By releasing the Classic, it accepted that mainstream might not be where it needs to focus and, instead, it should be delivering phones to professionals and those who love a physical keyboard.

Another way it’s succeeding is through its partnerships. It now provides its QNX software for Ford Motor Co. It has partnered with Samsung to provide end-to-end security for Android devices. And it’s working with Boeing Co to release a “secret” phone. All three of these partnerships involve BlackBerry offering its software.

Niche phones and its BES 12 are how BlackBerry will grow.

Cameco

The second stock on our list is Cameco Corporation (TSX: CCO)(NYSE: CCJ). Cameco is one of the largest uranium mining companies in the world. It accounts for 14% of the total output. Unfortunately, the price of uranium has tanked since the Fukushima accident in March 2011. Demand plummeted and there was a surplus of supply.

Fortunately, things are starting to change that will make Cameco very profitable. Shinzō Abe won reelection as the Prime Minister of Japan. He is a big fan of nuclear energy and is going to start reopening the reactors in Japan. Once the current supply at those reactors is gone, Cameco will likely be contracted to start selling uranium to them.

But Japan is small potatoes in comparison to China, which is planning to open dozens of nuclear reactors over the next decade. These are all going to require large amounts of uranium and Cameco will be there.

Right now, there is not enough demand for Cameco to succeed. But as smaller mines die off due to where the price of uranium is and new reactors open, the price is going to rise and with it, Cameco.

Goldcorp

Our final company is Goldcorp Inc.  (TSX: G)(NYSE: GG). I would normally be hesitant about suggesting a gold mine, but the price of gold has found its support and this stock is currently undervalued.

Goldcorp is one of the leading suppliers of gold in the world when it comes to efficiency. That means that it is able to produce gold at a cheaper rate than others, which ensures that its profitability is maximized. It costs Goldcorp about US$1,060 to pull an ounce of gold out of the ground. It can then turn around and sell that for about US$1,200. That’s a small profit, but one nonetheless.

But the company is also working to cut more costs, which will just mean more rewards for investors. Right now, it is offering a 3.1% yield and so long as the price of gold doesn’t go any lower, that should continue. And if gold rises, Goldcorp will experience tremendous growth as a stock.

Need other ideas for your portfolio?

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Fool contributor Jacob Donnelly has no position in any stocks mentioned. David Gardner owns shares of Ford. The Motley Fool owns shares of Ford.

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