Credit Suisse's 4 Tech Stocks To Own (And 4 To Avoid)

In a recent report, analysts at Credit Suisse outlined their 2015 outlook for the technology sector.

Here's a breakdown of their top stocks to own and top stocks to avoid in 2015.

Own: Micron Technology Inc MU

Analysts see strong growth in the memory field and believe that the company can sustain $5 annual earnings per share numbers. Price target: $50.00 (+49.0 percent)

Own: Facebook Inc FB

Analysts believe that many earnings models underestimate the company's growth potential and monitization capabilities. Price target: $88.00 (+13.2 percent)

Own: VMware Inc VMW

Analysts see reaccelerating growth in the hypervisor market, as the hypervisor is critical in domains such as virtual machines, virtual networks, physical networks and storage access. Price target: $130.00 (+64.8 percent)

Own: Ultimate Software Group Inc ULTI

Analysts believe the company will continue to grow recurring revenue by 23 percent annually and will be able to reach its goals of $1 billion in revenue and 35 percent operating margin by 2018. Price target: $177.00 (+22.4 percent)

Related Link: Credit Suisse's 8 Consumer Stocks To Avoid

Avoid: International Business Machines Corp IBM

Analysts point to “alarming evidence” of internal dissatisfaction and see a “painful” transition in the business coming in the next several years.  Price target: $125.00 (-21.4 percent)

Avoid: Entropic Communications Inc ENTR

Analysts are concerned about the company's competitive position after restructuring cuts to research and development. Price target: $2.75 (+11.8 percent)

Avoid: Zynga Inc ZNGA

Now that Zynga has implemented its cost-cutting agenda, analysts believe earnings growth must come from the creation of new mobile franchises. Price target: $3.44 (+30.3 percent)

Avoid: RealPage Inc RP

Analysts predict the company's organic on-demand revenue growth will be in the 15 percent annual range, well below the company's target of 20 to 25 percent. Price target: $13.00 (-35.4 percent)