A Wall Street firm says these 19 companies are set to dominate the broader market over the next year

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• Needham, a Wall Street investment bank, asked each of its analysts which company they think will outperform the broader market in the medium term.
• The Needham Conviction list features companies from a broad range of industries including semiconductors, software, retail, and pharmaceuticals.
• Here are the 19 companies identified by Needham analysts as likely outperformers over the next year.
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Needham just released its first-ever Conviction List, which is a group of companies assembled by analysts at the firm. It's filled with stock picks those experts predict will outperform the broader market over the next six months.

The selection of companies spans a wide variety of industries, including software, semiconductors, pharmaceuticals, and tech.

"We expect these stocks to outperform the average total return of the broader market as well as the other securities in the analyst's coverage universe over the next 12 months." the report said.

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Here are the 19 companies Needham analyst believe will outperform the broader market. They're listed in alphabetical order.