CREDIT SUISSE: Everyone else on Wall Street is wrong about these 10 stocks
Reuters/Peter Nicholls
Betting against the investor consensus can lead to big gains - given you get the trade right.
In an attempt to capture possible market inefficiencies, Credit Suisse compiled their top 10 ideas that go against the mainstream consensus.
"We screened our current US coverage universe to identify companies where our analysts' views diverged from that of the Street, focusing on rating, earnings projections as well as target price," said the note from Credit Suisse. "To further strengthen the list of stocks, we worked closely with the research analysts to select stories in which our conviction level is high."
Five of the ideas are companies that are currently undervalued, while five are firms with stocks that look too expensive.
We've compiled the 10 ideas along with the price at the time of Credit Suisse's publication, their target price and an excerpt of the analysts explanations as to why they are staking their contrarian claim.
Check them out below.
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