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MarketWatch: 11 Contrarian Stock Picks for Investors Who Want to Go 'Out on a Limb'

MarketWatch: 11 Contrarian Stock Picks for Investors Who Want to Go 'Out on a Limb'
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By    |   Monday, 04 April 2016 07:07 AM


Credit Suisse analysts, unlike their peers, see particular value in the likes of Dunkin’ Brands, Kellogg and nine other companies, MarketWatch reports.

The investment bank’s analysts compiled 11 “outperform” contrarian ideas:

  • Agios Pharmaceuticals Inc. (AGIO)
  • Autodesk Inc.   (ADSK)
  • Box Inc. Class A (BOX)
  • Caterpillar Inc. (CAT)
  • Dunkin’ Brands Group Inc. (DNKN)
  • Kellogg Co.  (K)
  • Manitowoc Co. (MTW)
  • Nationstar Mortgage Holdings Inc. (NSM)
  • Patterson Cos. (PDCO)
  • Sysco Corp.  (SYY)
  • United States Steel Corp. (X)
Among those companies, the only majority buy-rated company is Box Inc., with 65% of analysts with positive opinions of the provider of cloud-based collaboration software.

“You might see some potential money makers on the Credit Suisse list,” MarketWatch Investing columnist Philip van Doorn explains. “But it’s important to do plenty of research on your own to see if you have the firm conviction to make a long-term commitment.”

To be sure, such contrarian investing itself is not for the faint of heart.

"Contrarian investing takes gumption," Ronald Delegge recently explained to Fox Business Network. "Not only are you buying assets that are hated by most investors, but you’re doing it at prices that are depressed. It’s a scary proposition for many people and because it requires such nerves of steel, most don’t do it. Add it to the checklist of reasons why contrarian investing – whether it’s done as a long-term investment or short-term trade – works marvelously."

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Credit Suisse analysts, unlike their peers, see particular value in the likes of Dunkin’ Brands, Kellogg and nine other companies
MarketWatch, Credit Suisse, Contrarian Stock Picks, Invest
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2016-07-04
Monday, 04 April 2016 07:07 AM
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