Possibly a good year ahead
Another large-cap stock I am expecting to have a good year is MTN. The Nigerian problems are resolved, although the fine will still have to be paid off over the next few years. New management is in place or arriving in the next few months and if oil can hold around $50, it will help the Nigerian economy (MTN’s largest market). Further, it is finally getting blocked money out of Iran. So, there is a great deal of good news and the stock has already been reacting positively. I expect this to continue into 2017. That said, I will not be buying MTN for my long-term portfolio but may trade it during the year if the opportunity presents itself.