Marc Harris Of RBC Capital Markets Shares His Buy List For 2016

Marc Harris of RBC Capital Markets spoke on CNBC about stocks that he would buy in 2016.

He likes Aramark ARMK because it can transform and improve its business to make $100 million in savings. Harris thinks that the company has a potential to double its earnings per share over the next couple of years.

Dollar Tree, Inc. DLTR has a couple of hundred million dollars in synergies and the stock doesn't need a robust or not robust economic environment to make it work, said Harris. The focus is on items for a dollar and the company can make a lot of money from a badly managed asset that it bought.

Newell Rubbermaid Inc. NWL can also get synergistic effect from the agreement to combine with Jarden Corp JAH. Harris expects to see lower costs and improved revenue and he recommends the stock as a buy.