Credit Suisse's 7 Industrial Stocks To Own

In a recent report, analysts at Credit Suisse outlined their 2015 outlook for industrial stocks. Here’s a breakdown of their top stocks to own in 2015.
1. Canadian Pacific Railway Ltd CP: Analysts point to management’s targets of doubling earnings, reaching $10 billion in annual revenue and maintaining an operating ratio of 58 to 63 percent by 2018 as reasons to own the stock. Price target: $230.00
2. United Continental Holdings Inc UAL: Analysts expect low fuel costs, maturing revenue initiatives, accelerating cost reductions and share buybacks to drive earnings and valuation upside in 2015. Price target: $93.00
3. TransDigm Group Inc TDG: Despite criticism of its strategies by skeptics, analysts argue that the company’s utilization of its strong cash flows for M&A and special dividends has continued to work throughout market cycles. Price target: $230
4. WESCO International Inc WCC: Analysts like the company’s conservative outlook for 2015 and believe that the company will continue to benefit from the recovery in non-residential construction. Price target: $90.00
5. Tyco International PLC TYC: Analysts are bullish about the company’s target of $400 million of gross cost savings through 2018. They believe the company is well-positioned to capitalize on a recovery in non-residential markets. Price target: $50.00
6. Fluor Corp FLR: Analysts like the company’s diversification within the oil and gas industry (downstream, midstream and upstream) and they expect $1 billion in buybacks in 2015. Price target: $77.00
7. Allison Transmission Holdings Inc ALSN: Analysts believe that the company can generate up to $500 million in free cash flow per year in upcoming years and will be in a position to return about 70 percent of that cash to shareholders. Price target: $37.00