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Top 6 Growth Industries for 2014

Updated on October 29, 2014

Investment Ideas for 2014

People are always wondering how to invest money in the coming year and which industries will be hot. While there are no certainties in life and most certainly in the stock market, there are a few solid industries that are sure to do well if you invest money in them in 2014. It would be extremely surprising if Renewable energy, Biotechnology, and Internet Companies did not see significant growth this coming year. Keep reading for the Top 6 Growth Industries of 2014 and some investment advice and best stocks to buy in each category.

And an additional tip! What about checking out emerging market ETF or Mutual Funds? They haven't seen as much growth as the US market has in the past couple years and are bound to recover. One of my favorite ETFs in this category is "VWO" from Vanguard. It has an extremely low expense ratio and is nicely balanced.

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Growth Industry #1: Voice Over Internet Providers (VOIP) and other Internet Players

It should come as no surprise that the Internet is becoming increasingly more important each year as people's dependence upon it grows exponentially. Companies that deal in things like E-commerce, auctions, Internet publishing and broadcasting will see substantial growth in 2014 and for many years to come.

Some investment ideas include: Amazon, Ebay, Google and Comcast.

Where are you putting your money in 2014?

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Growth Industry #2: Alternative Energy Providers

Wind and Solar Power

It's no secret that traditional forms of energy like oil, coal and gas are becoming rapidly depleted. in the future, the world will have to depend more and more upon renewable energy, which makes this the second fastest growing industry for 2014.

Some investment ideas include: Next Era Energy and Xcel Energy.

However, a word of caution is in order because the solar industry is so heavily dependent upon government subsidies. While President Obama is a big supporter of alternative energy, future governments might not be.

Will Solar Power ever provide more power than Oil/Gas?

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Growth Industry #3: Environmental Consulting

People and companies are becoming increasingly concerned about environmental issues so companies in this industry are poised for significant growth in 2014. However, there are no dominant players in the field so it will have to be seen who emerges as the dominant players.

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Growth Industry #4: Biotechnology

In this industry, technology is constantly evolving and new developments come to market almost every year. Biotechnology can cover a wide range of areas from health-care, to the food we eat which makes this a sure spot for growth in 2014.

Some investment ideas include: Monsanto and Genentech.

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Growth Industry #5: Video Games

This industry has taken significant steps to cut costs in recent years, as well as brought new technology such as 3D gaming to market in recent years, which makes it a sure spot for growth in 2014. Coupled with this is an increase in the number of older players, as well as more females picking up video games.

Some investing ideas include: Microsoft, Nintendo and Sony

How did your investments do in 2013

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Growth Industry #6: Third-Party Administrators

Companies are looking to cut costs and often a way that they can do it to outsource administration to a company that specializes in that certain function. Two of the biggest examples include third-party insurance adjusting, as well as private management of correctional services.

Some investing ideas include: Aon Corporation and Corrections Corporation of America.

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Dividend Stock Investing: Another Idea for 2014

Dividend stock investing is one of the most conservative ways that you can invest your money in the stock market. Companies with a solid history of 10 years or more of rising dividends, low payout ratios and increasing earnings are hard to go wrong with. These stocks are especially well-suited for the buy and hold investor, who is planning on hanging on to most of the stocks in their portfolios for at least 10 years. Some companies I like that fit into this category include:

Coca-Cola, Exxon Mobil, AT&T, Medtronic, Bank of Montreal, Chevron, and Mcdonalds.

Even though dividend paying stocks are quite expensive these days with the run-up of the stock market, it's still possible to find some good deals. Look at the forward price/earnings ratio for some cheap stocks.

What Industry is looking hot for 2014?

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    • profile image

      tecnovaglobal 3 years ago

      Interesting lense about importance of renewable energy in future.

    • profile image

      anonymous 3 years ago

      Another player in solar is Sunedison.

    • profile image

      stocktraderworld 4 years ago

      How are these example any different from 2012?

    • LynetteBell profile image

      LynetteBell 5 years ago from Christchurch, New Zealand

      Interesting lens

    • profile image

      mekaprast 5 years ago

      investing on emerging country maybe prospective.

    • Hypersapien2 profile image

      Hypersapien2 5 years ago from U.S.

      Nice lens. I, too, am a big believer in biotech and pharmaceuticals, but I think that generics are poised to have booming profits over the next few years. With so many blcokbusters coming off patent (e.g., Lipitor), I think generic drug manufacturers are going to make a killing.

    • profile image

      MHicks 5 years ago

      @anonymous: Try going to the business news websites, often they have a list of what's hot.

    • profile image

      anonymous 5 years ago

      any recent articles about hot industry??????? :)

    • viscri8 profile image

      viscri8 5 years ago

      Great lens about the growth industries in 2012-- blessed!

    • profile image

      anonymous 5 years ago

      Most things hydrocarbon related. Superb lens!

    • profile image

      anonymous 5 years ago

      Thank you

      Your blog is very nice and informative.

      SEO services delhi

    • Countryluthier profile image

      E L Seaton 5 years ago from Virginia

      Back to even or 2007 peak of the market levels, but looking for an exit from the markets and preservation of my capital.

    • Edwardjames81 profile image

      Edwardjames81 5 years ago

      Interesting industries there. Personally, I think retirement homes and anything to do with the older generation is the industry to look to in the future. The population is living longer and getting older and now survives many years after retirement. I think providing home care services and running residential care homes will definitely be a growh area.

    • nyclittleitaly profile image

      nyclittleitaly 5 years ago

      A lot of good information. Thank you!

    • profile image

      anonymous 5 years ago

      Great Information : Keep Rocking

    • profile image

      nikyweber 5 years ago

      amazing lens! thumbs up

    • profile image

      RinchenChodron 5 years ago

      My broker keeps to the divident stocks - says growth is for younger investors. So if you want to take a risk - do it while you are young.

    • MartieG profile image

      MartieG aka 'survivoryea' 5 years ago from Jersey Shore

      I'm all for dividend stocks - heavily into AT&T and other dividend companies. Nice lens!

    • profile image

      leeleon 5 years ago

      Nice lens. The information helps me to make more money. thanks.

    • profile image

      anonymous 5 years ago

      Very Useful and informative for those who wants to set up a new business, Thanks

    • profile image

      Tanami 5 years ago

      mining in South Australia - big boom in this state