With so many exciting stocks out there, it's sometimes hard to decide on just a few to add to your portfolio at a particular time. But it's possible to make the right choice -- one that could help you on your path to wealth over the long term.

How should you do that? It's important to focus on players that have strong prospects, thanks to outstanding products or services -- or potential ones. And it's a great idea to get in on a company that may have a catalyst ahead or has reached an important turning point in its story, so you might benefit from a new wave of growth ahead.

Considering all of this, if I could only buy three stocks this year, I'd pick the following.

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Source Fool.com