Oppenheimer Analysts Release 28 Best Ideas List

Are you looking for a stock or two to add to your portfolio? How about 28 names, courtesy of Oppenheimer's team of equity analysts?

Each analyst contributed a top pick they expect to outperform over the next year.

1. Sprouts Farmers Market Inc SFM: The stock is appealing after a recent pullback, and the possibility of M&A adds additional support.

2. Home Depot Inc HD: The do-it-yourself home improvement retailer is well-positioned to take advantage of improving demand trends in the sector and will report "solid and persistent" comps and earnings per share upside over time.

3. Restaurant Brands International Inc QSR: The restaurant chain's accretive capital structure opportunities "aren't appreciated" by the Street and the recently acquired Popeye's provides further ammunition to achieve superior growth versus its peers.

4. L Brands Inc LB: The retailer should see a return to growth in the bottom half of 2017, and a 5 percent dividend yield provides support to the stock.

5. Leucadia National Corp. LUK: Jefferies' parent company offers a "good pedigree of creating value" and shares are attractive at just 87 percent of the analyst's estimated tangible book value.

6. Discover Financial Services DFS: Ongoing concerns over the student loan market are already priced into the stock, which makes it appear to be "very inexpensive."

7. Agios Pharmaceuticals Inc AGIO: The development-stage pharmaceutical company should launch its novel products in the next few years, and expectations are high. 

8. United Therapeutics Corporation UTHR: The strength of the company's business model is underappreciated by the Street, while recently launched products and a strong pipeline will help return the company to growth.

9. Axon Enterprise Inc AAXN: The company's therapy intepirdine is expected to succeed in treatment of Alzheimer's disease and dementia with Lewy bodies.

10. Healthequity Inc HQY: Healthequity is a pure play on a provider of tax-advantaged health accounts that's also well-positioned to benefit from favorable regulatory changes.

11. CIGNA Corporation CI: The healthcare and managed care provider is exposed to the "strong" growth areas of healthcare while simultaneously avoiding the riskier areas.

12. Integra Lifesciences Holdings Corp IART: The medical device company boasts "significant" margin leverage opportunities and can achieve earnings growth in the low teens over the next few years.

13. Vanda Pharmaceuticals Inc. VNDA: The generic pharmaceutical company is expected to report data from three "relatively de-risked clinical studies" by the end of the year. 

14. XPO Logistics Inc XPO: The transportation and logistic provider offers an "intriguing" growth story after multiple acquisitions, and is also a deleveraging story through operational executions.

15. Aqua Metals Inc AQMS: The company is well-positioned to see steady and profitable growth in the metal recycling and energy storage markets for at least seven to 10 years.

16. Silver Spring Networks Inc SSNI: The technology provider for grid modernization is merely in the "early innings" of growth.

17. Xylem Inc XYL: The industrial machinery and flow control company could benefit from growth in U.S. water infrastructure spending.

18. Roper Technologies Inc ROP: A robust deal flow supports near-term free cash flow growth and escalating leverage in the coming year, enabling the company to focus on debt reduction.

19. Spectrum Brands Holdings, Inc. SPB: A portfolio of "well-known" consumer product brands coupled with a "relatively under-followed" story creates an "interesting investment opportunity."

20. Twilio Inc TWLO: The cloud communications platform provider is poised to generate strong revenue growth for the foreseeable future and report upside metrics versus consensus estimates.

21. Verint Systems Inc. VRNT: The cybersecurity provider has plenty of growth ahead, given its strong analytics capabilities — an increasingly important competency.

22. Activision Blizzard, Inc. ATVI: The video game maker is in a better position than its peers to create a "deeper engagement" with players, which could help reduce earnings volatility between product cycles.

23. FleetCor Technologies, Inc. FLT: The financial technology company could generate an organic growth rate in the mid-teens, perhaps as much as 20 percent, making shares "appear attractively valued."

24. RingCentral Inc RNG: The company boasts a leadership position within the fast-growing PBX hosting sub-segment that helped contribute to a "dramatic" core product growth and annual recurring revenue growth rate.

25. Broadcom Ltd AVGO: The semiconductor company has one of the "most strategically and financially attractive" business models in the entire sector.

26. Cogent Communications Holdings Inc CCOI: The pure-play IP transit provider boasts approximately 20 percent of the entire IP backbone volume and is growing its market share by 1 to 2 percent a year.

27. IAC/InterActiveCorp IAC: The company operates an "undervalued portfolio of Internet assets" but is still expected to "aggressively" return capital to shareholders.

28. Expedia Inc EXPE: The online travel agency's recent HomeAway acquisition is highly accretive and could help generate superior earnings growth and "significant" shareholder value.

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