Here's Credit Suisse's Monthly Top Stock List
TheStreet
1/7/2022
© TheStreet
Here's Credit Suisse's Monthly Top Stock List
Microsoft , Amazon and Disney made Credit Suisse's list of top monthly stock picks for January.
The new names on the list are Disney, Discover Financial Services , Emerson Electric and BioMarin Pharmaceutical , CNBC reports.
To compile the list, each Credit Suisse equity analyst chooses his/her favorite stock for the next six to 12 months.
Other stocks on the January list include United Parcel Service , semiconductor stalwart Marvell Technology , Papa John's International , and apparel company PVH .
As for Disney, it will benefit from its streaming and theme park businesses, said Credit Suisse analyst Doug Mitchelson, according to CNBC.
Video: Why retail is out of stock (CNBC)
-
People with autism don't need charity, they need opportunities: Autism Impact Fund co-founder
CNBC -
The customer is going out again, says Cowen's Oliver Chen
CNBC -
Key inflation gauge up 4.9% over past year, in line with expectations
CNBC -
Tuition-free college could be a reality
CNBC -
EU trade commissioner: See substantial slowdown in EU amid war in Ukraine
CNBC -
The Pre-Markets Rundown: May 27, 2022
CNBC -
Here's how to get into the habit of saving more and spending less
CNBC -
There's good and bad inflation, and Japan is experiencing bad inflation, says food company
CNBC -
It's hard to be constructive on China's stock market, says investment research service
CNBC -
Crypto industry hopes bear market will remove 'bad actors' in the space
CNBC -
FTX U.S. president on the future of bitcoin
CNBC -
I remain positive on negotiations with Hungary on Russian energy sanctions: EU Parliament president
CNBC -
Ukraine crisis is much broader than Russia versus the West, former Finland PM says
CNBC -
EU foreign policy chief: Oil embargo 'not so easy,' but agreement will be reached
CNBC -
Singapore's rising property prices are driven by supply constraints, says online property firm
CNBC
-
People with autism don't need charity, they need opportunities: Autism Impact Fund co-founder Chris Male, Autism Impact Fund co-founder and managing partner, joins CNBC's 'Squawk Box' during Autism Awareness Month to discuss how the fund is working to be the investment and innovation arm of the autism community .
CNBC
-
The customer is going out again, says Cowen's Oliver Chen Oliver Chen, Cowen senior retail analyst, joins 'The Exchange' to discuss retail stocks he likes and where he sees opportunity.
-
Key inflation gauge up 4.9% over past year, in line with expectations CNBC's Rick Santelli joins 'Squawk Box' to break down the latest core personal consumption expenditures price index data from the Commerce Department.
"Disney+ net adds should reaccelerate in the fiscal first quarter of 2022 [ended around Dec. 31] against low expectations for Disney's streaming outlook, while concerns around Parks recovery timing are already priced in, and linear trends are stable," Mitchelson said.
The expansion of Disney+ streaming service into new markets, such as Central and Eastern Europe, should be helpful, he said.
Disney closed Friday at $157.83, up 0.59%. It has slid 10% in the last three months.
Morningstar analyst Neil Macker is bullish on Disney, assigning it a wide moat and a fair value of $170.
"Disney posted a weak end to fiscal 2021, as Disney+ only added 2.1 million customers [in the fourth quarter], its lowest quarter yet, to end the year at 118 million subscribers," he wrote in a November commentary.
"Still, the Disney+ subscriber base increased by 44.4 million in fiscal 2021.… We still project robust long-term growth for the service."
This article was originally published by TheStreet.
TheStreet
