Those looking for an opportunity to go against the grain, may be interested in a new note from Credit Suisse.

Equity Research Analyst Arbin Sherchan takes a potentially brave look at Credit Suisse stock forecasts that differ considerably from the consensus view on Wall Street. Or as he puts it: "companies where our analysis reveals opportunities that the market has not priced in."

He then whittles the list down to 18 out-of-consensus views that neverthless carry lots of confidence from Credit Suisse analysts.

The list includes 12 stocks that the Swiss bank thinks are poised for big gains, and six that it thinks have room to fall.

12 STOCKS POISED FOR GAINS

• Box Inc. (BOX)
• Boyd Gaming (BYD)
• CF Industries Holding Inc. (CF)
• Ingredion (INGR)
• L-3 Communications (LLL)
• LaSalle Hotel Properties (LHO)
• Nationstar Mortgage Holdings Inc (NSM)
• SeaWorld Entertainment (SEAS)
• Sysco Corp. (SYY)
• Wal-Mart Stores (WMT)
• Weatherford International (WFT)
• WisdomTree Investments (WETF)

In terms of large upside that isn't yet priced in, there are big names such as Box and Wal-Mart, of which the bank has price targets of $24 and $85, respectively. Recently, Box was at $12.49 and Wal-Mart at $58.94.

The firm also gave reasons for its out-of-consensus calls. For Box, it said a strong competitive position and potential for an expanding user base made it attractive. For Walmart,the analysts said that a spin off of its warehouse division, Sam's Club, could prove lucrative.


6 STOCKS POISED TO FALL

• Aon (AON)
• Dollar Tree (DLTR)
• Hyatt Hotels (H)
• Macerich Company (MAC)
• Pulte (PHM)
• Realogy Corp. (RLGY)

For downside stocks, the likes of Dollar Tree and Hyatt Hotels could take a hit. Credit Suisse has price targets of $60 and $52 respectively, while the two firms were at $62.08 and $49.12 recently.

Analysts at the Swiss bank argue that Dollar Tree's acquisition of Family Dollar could wind up being far more risky than the Street currently anticipates, while noting that Hyatt's preference towards owning rather than managing hotels could prove more volatile as lodging supply increases.




As earnings season kicks off, Credit Suisse says you should watch the resulting numbers closely, as they could prove to be the catalysts for many of its out-of-consensus calls.