Possible Turnaround Tech Stocks For 2015: Google Inc. (GOOG), International Business Machines Corp. (IBM) And First Solar, Inc. (FSLR)

Technology stocks put in a solid performance this year seen by the S&P 500 soaring by 21% on a year to date basis a clear indication of the overall market performance. On the other hand, there are laggards according to CNBC’s, Dominic Chu, which prevented the index from rising even further on what is believed to be an underperformance on their part. Google Inc. (NASDAQ:GOOGL), International Business Machines Corp. (NYSE:IBM) First Solar, Inc. (NASDAQ:FSLR) are some of the tech stocks that saw their fortunes decline in 2014 in a rather bullish market.

It awaits to be seen if this stocks will pick their pieces in 2015 and up their game in an attempt of trying to offset some of the losses incurred this year.

“When you have a nice movement to the upside 20% plus. It is noticeable when some big names like this do not participate in a rally. You wonder whether or not. They will emerge from the land of misfit stocks and whether investors will put them back on their shopping list sometimes soon,” said Mr. Chu.

Google Inc. (NASDAQ:GOOG) has not had the best rides by its standards this year, seen by the stock sinking by 5% on a year to date basis. The internet search giant trades with a price to earnings ratio of 28 a little bit higher than a 19 multiple of the overall tech sector. Competition seems to have paid a big role in Google Inc. (NASDAQ:GOOG) not registering another impressive year especially in the advertising sector with the likes of Facebook and Twitter also gunning for market share.

International Business Machines Corp. (NYSE:IBM) is the other company that has not performed well this year seen by its stock losing 14% in value. The stock currently controls a price per earnings ratio of 13. Some investors according to Mr. Chu may look at IBM as a possible turn around stock in 2015.

On the solar side of the tech industry, First Solar, Inc. (NASDAQ:FSLR) has turned out to be a major disappointment this year; losing 20% in value. The company trades with a price to earnings ratio of 17 against the industry average of 19.

Free Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks
Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW for all the details.