- Jefferies names its 22 top US stock picks, according to the conviction and buy ratings assigned by their analysts. The firm out the investment thesis for each one.
- Their choices are about evenly split between companies that are already outperforming — like Activision and Alphabet — and recent losers such as Eldorado Resorts and Marathon Petroleum.
- Based on their current prices and the company’s price targets, the upside for the stocks ranges from 3% to more than 50%.
- Visit Business Insider’s homepage for more stories.
Sports fans get excited about “franchise players” — the ones so good you keep them and build a team around them. On the finance side of things, Jefferies is revealing its franchise stock picks, which might occupy a similar place in investors’ portfolios.
The firm collected the highest-conviction picks of 22 different company analysts and detailed the reason they see each one as a winner. The group includes familiar names like Chevron and Alphabet, as well as market leaders and laggards.
New entrants to the group include drugmaker BioMarin, private equity giant Blackstone, telecom equipment maker Motorola Solutions, miner Rio Tinto, new aerospace company Raytheon Technologies, and retailer TJX.
The entire group of 22 high-conviction, buy-rated stocks is listed below:
