These 11 stocks are set to crush the market over the next year, according to one Wall Street firm

• Wedbush Securities released its updated "Best Ideas List" for December on Friday.
• The report includes the firm's top stock picks across the industries it covers including software, retail, and financial services.
• Markets Insider calculated the implied upside for each stock using their closing prices on Thursday and the price targets provided in the report.
• Here are 11 stocks that could crush the market next year, according to Wedbush.
• Visit the Business Insider homepage for more stories.

Wedbush Securities on Friday published an update to its "Best Ideas List," which features a collection of the bank's favorite stocks in December.

The Wall Street firm's report includes stock picks across the variety of industries Wedbush covers, including software, retail, and financial services.

Each pick is accompanied by a price target from the firm's analysts, and Markets Insider calculated an implied upside using that data. That represents the potential return from Thursday's closing prices to the forecasted price targets in the report.

These 11 stocks could dominate the market next year, according to Wedbush. They're listed in increasing order of expected upside from Thursday's closing prices.