The year 2015 started with a resilient January and with the arrival of February many of the finest firms on Wall Street are reorganizing the equity picks for retail as well as institutional clients. Some of the companies had lower earnings and their stocks went down and as the analysts take a look at the first quarter earnings of the companies along with the balance of the year 2015, some changes are being expected. The list of top picks by RBC has performed exceptionally since it was inaugurated in the year 2011.
This month Boston Properties Inc. (NYSE:BXP) was included in the RBC list along with Constellation Brand Inc. (NYSE:STZ). The 5 other top picks by RBC include the CBS Corp. (NYSE:CBS), which is the owner of the most viewed T.V network in the U.S. It also owns the largest international libraries of entertainment material. It operates in almost every field of entertainment, be it cable or radio, print media or T.V or movies, the company has an outstanding performance in every field.
Although the company saw a slight decline in the year 2014, however it quickly recovered its stock got an outstanding rating by the end of the previous year. The company is showing dominance in the network’s programming in 2015. The company is in the middle of the process of repurchasing the stock and Wall Street generally expects that CBS will lower its share base by around 25% in the forthcoming 2 years. The investors of CBS are being paid a dividend of 1.1%.
The price target set by RBC is $67. The estimate by Thomson is $63. The company closed on Tuesday at $56.92 per share. DFS is a company that provides direct banking as well as services related to payments. It is a well known brand in the United States. DFS was conceived in 1986 and since then it has become the biggest card issuer company of U.S. It provides the Discover card and also manages the Discover Network.
The company also operates PULSE and Diners Club International, which are well known names in the country. The investors of DFS are being paid a dividend of 1.8%. The price target set by RBC is $72 while the consensus target is $70.45. The company’s shares closed on Tuesday at $56.37. The reason behind the success of Marvell is that the company might receive a market share at Western Digital. Moreover the arrival of SSDs has proven to be a solid source of motivation for the company.
Marvell is expected to do well which is why Wall Street believes that Lenovo will be interested in all the segments of the company. The investors of Marvell are being paid the dividend of 1.5%. The target price by RBC is $21 while the consensus target is $16.24. On Tuesday the company closed trading at $15.94. Ryder Systems Inc. (NYSE:R) is potentially the best transport stock on the list of RBC.
