Jefferies Highlights 5 Best Investment Ideas For 2016

On Monday, Jefferies issued an industry note highlighting their top stock picks for 2016. Here's the names Jefferies' analyst Kevin Grundy placed in the spotlight.

Top GARP Idea: Newell Rubbermaid Inc. NWL

Jefferies rates Newell as a Buy with a $51 price target. Analysts believe the company has a best in class management with potential synergy upside from their merger with Jarden Corp JAH.

Related Link: 13 Predictions For The Hardline Industry In 2016

Top Value Idea: Spectrum Brands Holdings, Inc. SPB

Top Strategic Idea: Edgewell Personal Care Co EPC

Top Mid-Cap Core Staples Holding: Church & Dwight Co., Inc. CHD

Top Large-Cap Core Staples Holding: PepsiCo, Inc. PEP

At The Time Of This Publication...

Jefferies rates Spectrum Brands as a Buy with a $125 price target. Analysts noted that their organic sales are improving, with the potential to drive top line growth with their cross-selling opportunity in the European Pet business.

Jefferies rates Edgewell as a Buy with a $96 price target. Analysts believe that the company has the potential to expand margins by cost cutting and improving the efficiency of their operating activities.

Jefferies rates Church & Dwight as a Buy with a $93 price target. Research analysts highlighted the company's strong management team with profit exposure to to the U.S. economy, which remains one of the strongest in the world.

Jefferies rates PepsiCo as a Buy with a $109 price target. The strengths of Pepsi include the growth potential of their snack portfolio with the ability to grow their top line with the introduction of new product lines.

• PepsiCo was seen trading up 0.73 percent at $96.64.
• Newell Rubbermaid was seen trading up 2.10 percent at $37.91.
• Spectrum Brands Holdings was seen trading up 2.85 percent at $92.15.
• Church & Dwight was seen trading up 1.17 percent at $80.34.
• Jarden was seen trading up 1.81 percent at $51.72.
• Edgewell Personal Care was seen trading up 0.68 percent at $72.38.