3 Tech Stocks to Own for a Possible End of the Year Rally

Halloween is now over, and the Thanksgiving and Christmas holidays are lurking right around the corner. For investors, this could be the time to grab some stocks that have serious upside potential and put them in portfolio in the hope of a seasonally strong run to finish 2015. A new research report from SunTrust Robinson Humphrey focuses on three top companies that could have significant upside potential.

The SunTrust analysts are looking past not only some near-term obstacles, but some big picture issues that could have a meaningful impact. Two of the stocks have issues that if resolved to their advantage could be huge, and another posted outstanding earnings and could reclaim or exceed old highs.

All three stocks are rated Buy at SunTrust.


This stock was hit hard earlier this year, but the third-quarter earnings could be a game changer. LinkedIn Corp. (NASDAQ: LNKD) continues to dominate the interconnecting of business professionals with over 300 million members worldwide, but uneven earnings and some corporate missteps turned the stock into a volatility victim. An improving economy and demand for highly skilled workers have provided the impetus for earnings surprises like the one registered last week.

The company posted results that handily beat expectations. The new Sales Navigator product, which was launched last year, showed solid improvement. LinkedIn has ramped sales selling the product, with field sales having an increasingly rising impact, as field sales has accounted for an increasing amount of overall company revenue.

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The SunTrust price target on the stock is raised to $280 from $275. The Thomson/First Call consensus price target is $275.07. The stock closed Friday up big to $240.87.