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These stocks could soar 50% over the next year, experts say

Which stocks will soar 50% over the next year?

Investors looking to find names that can soar 50 percent or more over the next year have to be prepared to take some risks, two investment experts said Wednesday.

If they are willing to do so, there are a couple of names that may fit the bill.

For David Sowerby, portfolio manager at Loomis, Sayles & Co., the recipe for finding that kind of company comes down to a couple of things.

"First, is there mistrust or doubtfulness in investor sentiment? Second, is the company's fundamentals improving off the bottom, is it still trading well below its high over the last couple of years?" he said in an interview with CNBC's "Closing Bell. "

Sowerby believes Genesee & Wyoming, a mid-cap rail company, has the potential to make such a move.

There are seven "buys" and six "holds" by Wall Street analysts on the stock, and it is still trading well below its 2015 high of $105 a share, he said. Plus, fundamentals appear to be improving and it is growing its free cash flow.

Steve Dudash, president of IHT Wealth Management, thinks Gilead Sciences may be a good bet on a 50 percent jump.

The biotech sector has been beaten up "really bad," and people are wondering what Gilead is going to do with its freed-up cash, he said.

"If you are going to do this and you are willing to take the risk to do it, you're betting on the fact that they are going to do something with that cash — they've got $25 billion, give or take, in cash out there — and a track record of buying really good companies that end up being the next HIV drug or the next Hep C drug," Dudash told "Closing Bell."

He also thinks Twitter has a chance at 50 percent gains because of its merger and acquisitions prospects.

"We all know they've got problems," he said. "Some company out there could take them over. They've got a huge base."