This might be the year of the sheep in China, but for many companies it is the year of the dollar and then some. Looking back at 2015, media companies have been the top dogs, with a couple exceptions. Despite broad markets having a flat year, these companies have outperformed and set the standard of what we have to look forward to in 2016.
24/7 Wall Street has provided some color on each of the stocks, as well as a recent trading history and the consensus analyst price target.
First and foremost, Netflix Inc. (NASDAQ: NFLX) absolutely dominated 2015. This stock is up over 144% in 2015. This company has had a meteoric rise over the course of the year, making its way into many households. Netflix has plans to expand across Europe and even break into the Chinese market. Shares of Netflix were trading at $119.12 Wednesday, with a consensus analyst price target of $123.03 and a 52-week trading range of $45.26 to $133.27.
As the top e-commerce on the Web, Amazon.com Inc. (NASDAQ: AMZN) crushed this holiday season. Most retailers recoiled in their sales as more and more consumers decided to put their dollars online for their holiday shopping. As 2015 comes to a close the stock is up 123% year to date. Shares were trading at $693.97, with a consensus analyst price target of $741.10 and a 52-week trading range of $285.25 to $696.44.
Activision Blizzard Inc. (NASDAQ: ATVI) is the top video game developer of 2015. This video game juggernaut recently released “Legacy of the Void,” the last installment of the StarCraft 2 trilogy. Over the past year, this stock has nearly doubled due to strong earnings and a very strong video game pipeline. Shares of Activision Blizzard were last seen at $39.58, with a consensus price target of $41.46 and a 52-week trading range of $18.43 to $39.93.
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