Where To Invest In 2016

With 2016 fast approaching, many investors are taking a closer look at their portfolio and lining up buys for the new year. While stock picking is never an exact science, analysts say they have a good idea of which sectors will perform in the coming year. Here's a look at some of the top picks for investors for the new year.

Oil prices have been beaten down over the past year, but many analysts believe that the worst is over and that it could be time to return to the market. Many believe that now is the time to buy for investors looking to profit on beaten down oil stocks, though it may require a longer term investment than just one year.

in this sector include oil and gas production companies

and

as well as oilfield services and equipment provider

.

Value investing is a strategy in which investors buy stocks that appear to be trading for less than they are worth. While this type of investor is unlikely to make huge sums in short periods of time, it offers a bit of a safety net in that it requires traders to bet on firms they believe are well run.

is

, whose business has suffered some setbacks in recent years as exchange rates shifted out of its favor. However, P&G's core business, selling consumer goods like shampoo and toothpaste, will always be in high demand and the firm also pays out a relatively high dividend, most recently at 3.4 percent.

Over the past year, Real Estate Investment Trusts (REIT) have suffered as worries about the Fed's interest rate hike weighed on sentiment. However, analysts at firms like Credit Suisse and Bank of America

2016 could be a good year for REIT investors. While the Fed's rate hike is a negative for homebuyers as it makes mortgages more expensive, the move will likely boost rental demand. For that reason, Credit Suisse analysts have said they see REIT shares gaining 17 percent in the coming year. A good choice in this space could be

, a REIT in the healthcare space. The firm focuses on medical office buildings, hospitals, senior housing communities, and other medical properties.