Credit Suisse analysts recently offered a research report with suggestions for their investment picks of 2014. Here is a rundown of the four companies they have picked as recommendations for investors like White Bay Group, Uriel Cohen Founder; BlackFin Capital Partners, Laurent Bouyoux Chairman; and Westlead Capital, Inc., among others.
1. Cameron International: This is an oil and gas equipment and services provider which recently approved a $500 million increase in the company’s share repurchase program. Based in Houston, Texas, they have a market capitalization of over $13 billion and their long-term earnings per share (EPS) growth forecast is at approximately 18%. Of the 29 analysts surveyed by Thomston/First Call, seven rated the stock as a Strong Buy and 11 recommended buying shares.
2. Discover Financial Services: This is a credit services company with a market cap of more than $27 billion. It has a dividend yield of about 1.4% and their return on equity is more than 24%. 26 analysts were polled and all but five recommended buying shares in this company. 11 rated it as a Strong Buy.
3. KeyCorp: This is a Cleveland-based regional bank with a market cap of less than $13 billion and a dividend yield around 1.6%. Year to date, their share price is up over 8% and is up by almost 73% in the last five years. The consensus recommendation from the financial analysts has been to hold shares, although more say to buy than are saying to sell.
4. Tesoro: This is an independent petroleum refiner that offers $300 million in senior notes to pay down its debt. They are based in San Antonio, Texas and they have a market cap of more than $6 billion and a dividend yield of about 1.9%. Out of the 17 analysts who were surveyed, ten recommended buying shares and three rated it as a Strong Buy.