The research team at Credit Suisse has updated their list of top Canadian stock picks,
“Every Canadian research analyst identifies and ranks up to 3 Outperform rated stocks based on a 6-12 month time horizon. For the #1 Top Pick, we expand our analyst’s view by including Investment Thesis, Catalysts, Debates, Pushback, and Valuation. The exercise resulted in a list of 11 top stock ideas”
The No. 1 picks are Intact Financial Corp., TransAlta Corp., Suncor Energy Inc., and Agnico Eagle Mines Ltd. The No. 2 selections are Royal Bank of Canada, AltaGas Ltd and Newmont Mining Corp.. The No. 3 include Sun Life Financial Inc., Northland Power Inc., and Endeavor Mining Corp.
Teck Resources Ltd. is also a top pick, but by a U.S. analyst.
Investors should be aware that Credit Suisse does not cover all domestic market sectors, so the universe is somewhat limited.