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 (NASDAQ: 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 (NASDAQ: 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 (NYSE: 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 (NASDAQ: 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 (NYSE: 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 (NASDAQ: 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 (NASDAQ: 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 (NASDAQ: 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)