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The 30 Best Global Stock Ideas From RBC Capital Analysts

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RBC Capital Markets just released its list of top 30 global stock picks for the coming year.

The list includes both Outperform and Top Pick rated stocks. Among the Top Pick group, stocks with the most potential upside based on RBC’s price targets are Air Lease Corp (NYSE: AL), Marathon Petroleum Corp (NYSE: MPC), ServiceNow Inc (NYSE: NOW) and Newell Rubbermaid Inc. (NYSE: NWL).

“We believe NWL could double in 5 years behind three phases: 1) deal closure, cost synergy realization (which we believe are conservative); 2) top-line synergy realization (not included in synergy guidance); and 3) Project Renewal 2.0 execution (we believe there is meaningful opportunity by leveraging some of NWL’s best operating practices into JAH’s business, thereby realizing significant increase in profit per employee,” analyst Nik Modi says of Newell.

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Analyst Jason Arnold believes that Air Lease could easily double in the next year. According to Arnold, RBC is “anticipating continued portfolio expansion on aircraft deliveries to support continued string revenue expansion and robust 15-20% + EPS upside.”

RBC’s price target for Air Lease implies more than 120 percent upside.

The full list of RBC’s top stock picks (below) also includes popular stocks like Alphabet Inc (NASDAQ: GOOGL), Dollar Tree, Inc. (NASDAQ: DLTR) and Yum! Brands, Inc. (NYSE: YUM).

Click image below to enlarge and see full list.

Disclosure: the author holds no position in the stocks mentioned.

Latest Ratings for AL

DateFirmActionFromTo
Jan 2021Deutsche BankMaintainsBuy
Nov 2020Credit SuisseMaintainsOutperform
May 2020Deutsche BankMaintainsBuy

View More Analyst Ratings for AL
View the Latest Analyst Ratings

Stock chart: 
Stock chart
 

Related Articles (AL + MPC)

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Posted-In: Analyst Color Long Ideas Analyst Ratings Trading Ideas

Latest Ratings

StockFirmActionPT
TOTJP MorganUpgrades
WSOMorgan StanleyMaintains244.0
WSCMorgan StanleyMaintains32.0
WMSMorgan StanleyMaintains112.0
VMCMorgan StanleyMaintains173.0
View the Latest Analytics Ratings
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