In a recent report, analysts at Credit Suisse outlined their 2015 outlook for the Basic Materials industry. Here’s a breakdown of their top stocks to own and top stocks to avoid in 2015.
Sealed Air
Credit Suisse’s top stock pick in the sector is Sealed Air Corp SEE 1.14%. Analysts see falling oil prices providing huge benefits for Sealed Air and boosting the company’s bottom line in 2015. Credit Suisse has a $51.00 price target on the stock, a price that represents an 18.4 percent upside from current levels.
Shares traded recently at $43.29, up 2.2 percent Thursday afternoon.
United States Steel
Credit Suisse believes that United States Steel Corporation X 3.14% has all the advantages to be one of the most profitable steel-producing companies in the world (captive iron ore, cheap and abundant coal, gas and scrap), but the company has historically struggled to operate efficiently. However, Credit Suisse believes better days are ahead for U.S. Steel. Their price target for the stock is $50.00, a 102.1 percent upside from current levels.
Shares traded recently at $25.22, up 2.3 percent.
CF Industries
Credit Suisse’s final pick in the Basic Materials sector is Nitrogen producer CF Industries Holdings, Inc. CF 0.42%. Analysts note CF Industries’ favorable capital allocation and free cash flow as positives for the stock. Credit Suisse has a…
Read the rest of this article (and all my other articles) for free on Benzinga by clicking here
Want to learn more about the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!
