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 AL 0.35%, Marathon Petroleum Corp MPC 2.63%, ServiceNow Inc NOW 2.46% and Newell Rubbermaid Inc. NWL 0.11%.
“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.
Analyst Jason Arnold believes that Air Lease could easily double in the next year. According to Arnold, RBC is…
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