If there's one thing I think is for certain, it is that the Australian share market is the place to be in 2015.
With the Reserve Bank of Australia tipped to cut interest rates as many as three times this year (with the first cut possibly coming later today), investors will increasingly turn their backs on the 'safety' of term deposits and bonds in search of superior returns from equities.
However, investors shouldn't just throw their money behind any old stock – especially with the S&P/ASX 200 (Index: ^AXJO) (ASX: XJO) hovering near a six-year high. Instead, they'll need to be extra picky with the stocks they're buying in order to achieve market-beating returns.
With that in mind, if I had $10,000 to spend today, here are four stocks I'd strongly consider buying to propel my personal wealth higher in 2015, and in the years to follow.
1. Woolworths Limited (ASX: WOW) could well be the best stock you could buy right now. While it has developed an incredible track record for revenue and earnings growth, it also offers a very compelling 4.5% fully franked dividend. What's more, the stock is trading at an 18% discount to its 52-week high, offering long-term investors the perfect opportunity to capitalise on one of Australia's greatest companies.
2. RCG Corporation Limited (ASX: RCG), like Woolworths, offers a delicious dividend yield which will only grow more appealing as interest rates fall. The company owns The Athlete's Foot shoe store chain and while it boasts strong growth potential, it's expected to yield 6.5% (fully franked) this financial year. Grossed up, that equates to a 9.3% dividend yield.
3. Greencross Limited (ASX: GXL), Australia's leading veterinary services provider, had a shocking run in the latter half of 2014 but could return to the winners' board in 2015. While the stock has already risen more than 1,000% over the last five years, the company is rapidly expanding across Australia which could result in even greater gains over the coming years.
4. Veda Group Ltd (ASX: VED) is one company that I expect will surprise investors this earnings season. The company, which is Australia's largest data analytics business, has enormous growth potential (particularly with economic uncertainty increasing, making credit checks all the more important) and would be an excellent addition to your portfolio today.
Keeping low interest rates in mind, there's one more company which could prove far better than those mentioned above in 2015.
