5 stocks the professionals have identified as the best for 2014 – 2015

Earlier this month, asked several professional fund managers and analysts what stocks they thought would be top picks for 2014 – 2015. Amongst their answers, I wanted to highlight five that I thought were standout stocks also.

Taken as a group, they could even be a winning diversified portfolio for this new financial year.

Roger Montgomery, the chief investment officer and founder of The Montgomery Fund, liked SEEK Limited (ASX: SEK) for its Asian growth story. It is expanding into South East Asia through its subsidiaries like JobStreet and JobsDB. In addition, it owns a controlling stake in Zhaopin, China’s biggest job search website. With populations many times larger than Australia’s, the expected growth in job placement services is strong.

The Reject Shop Ltd (ASX: TRS) was tipped by StocksInValue senior equities analyst David Walker as a potential turnaround story. The company has suffered from weaker retail trends, but it is working to reduce stock and has a new distribution centre coming online from July that will help improve inventory turnover.

GBST Holdings Limited (ASX: GBT) was one of the picks from Forager Funds Management chief investment officer Steve Johnson. It develops and provides wealth management and share transaction software for the financial services industry. With the growth in superannuation, its software is in demand. Analyst consensus forecasts project strong growth and the company is expanding its UK business steadily.

Greencross Limited (ASX: GXL), the veterinary service and pet supplies business, caught the attention of Greg Smith, the Fat Prophets head of research, with its remarkable growth. It is expanding across Australia like a chain business, adding established veterinary businesses to its network. Its recent acquisition of Mammoth Pet Holdings, which operates the Petbarn pet supplies chain, gives it good synergies from cross-advertising and supplying complementary services. Ltd (ASX: CRZ) was suggested by Savanth Sebastian, an economist at CommSec, for its balance sheet strength and solid earnings track record. As the number one car sales website, it wants to cement its market-leader status by offering car related services, like its recent plans to acquire Statton Finance Pty Ltd. This will add finance services for not only cars but boats and other categories that has created extra sales websites for.

Our top dividend stock for the next year

Which will be the best performers over the next year only time can tell, but starting out with good picks like these could give you a leg up. There's one more stock that you should know about. Offering a 7% grossed up dividend yield, our top analyst recently dubbed it, "The Motley Fool's Top Dividend Stock For 2014 - 2015".

Best of all: You can get the name and code of this ultra-promising stock for FREE! Just click here to download your free copy of "The Motley Fool's Top Dividend Stock for 2014-2015" today.

Motley Fool contributor Darryl Daté-Shappard does not own shares in any company mentioned. 

Two New Stock Picks Every Month!

Not to alarm you, but you’re about to miss a very important event! Chief Investment Advisor Scott Phillips and his team at Motley Fool Share Advisor are about to reveal their latest official stock recommendation. The premium “buy alert” will be unveiled to members and you can be among the first to act on the tip.

Don’t let this opportunity pass you by – this is your chance to get in early!

Simply enter your email now to find out how you can get instant access.

By clicking this button, you agree to our Terms of Service and Privacy Policy. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. You can unsubscribe from Take Stock at anytime. Please refer to our Financial Services Guide (FSG) for more information.