CREDIT SUISSE: Here are 18 contrarian stock picks if you don't mind being different by Bob Bryan on Oct 13, 2015, 11:22 AM Advertisement
 Psychologically, it's easier to buy stocks that everyone likes and sell stocks that everyone dislikes because it can be hard to believe that the crowd could be wrong. However, some of the greatest fortunes have been made by investors willing to make contrarian bets in the market. With that in mind, here's Credit Suisse with their list of 18 contrarian stock picks, including 12 that they think Wall Street is too bearish on and 6 on which the consensus is too bullish. "We screened our current US coverage universe to identify companies where our analysts’ views diverged from that of the Street, focusing on both rating as well as earnings projections," said Credit Suisse in the note, which was circulated to clients on Friday. "To further strengthen the list of stocks, we worked closely with the research analysts to select stories in which our conviction level is high. The result is a list of 12 Outperform-rated names and 6 Underperform-rated stocks." Below are the 18 companies, Credit Suisse's target for the stock price, a snippet of their contrarian rationale, and a little information on the company. Box Inc.  Ticker: BOX Target Price: $24.00 Company Description: Box is a leading enterprise content management and collaboration platform, helping businesses securely access and manage their critical information in the cloud. Why Credit Suisse sees it differently: "Box has a more appealing file sync and share (FSS) product than Microsoft and sufficient lead time to further improve its competitive position and expand its user base."
Boyd Gaming  Ticker: BYD Target Price: $20.00 Company Description: Boyd Gaming is a casino entertainment company with 22 gaming properties in eight states – Nevada, New Jersey, Illinois, Indiana, Iowa, Kansas, Louisiana and Mississippi. Why Credit Suisse sees it differently: "We have a distinct appreciation for CF’s North American transportation & logistics capabilities given our contacts throughout the global agricultural value chain."
CF Industries Holding Inc.  Ticker: CF Target Price: $70.00 Company Description: CF Industries is a leading fertilizer manufacturer and distributor. Why Credit Suisse sees it differently: "We have a distinct appreciation for CF’s North American transportation & logistics capabilities given our contacts throughout the global agricultural value chain."
See the rest of the story at Business Insider
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