Reuters
- Analysts at Jefferies picked 10 businesses that have good management, high barriers to entry, pricing power, strong cash generation or a combination of the four.
- Stocks that display at least one of those characteristics usually post "market-beating returns."
Analysts at Jefferies selected 10 companies that boast excellent management, enjoy high barriers to entry, wield pricing power, consistently generate positive free cash flow, or benefit from some combination of the four.
"In aggregate, stocks flagged for certain combinations of the four aforementioned characteristics have demonstrated market beating returns on a one, three and five-year view," the analysts wrote in a note dated March 8.
Here are the 10 companies that fit the bill: