Credit Suisse circulated a list of contrarian stock ideas to clients in a note sent out to clients on April 7.
The list is separated into two groups, stocks rated "Outperform" by Credit Suisse that most analysts view negatively, and stocks rated "Underperform" by Credit Suisse that most analysts view positively.
"We screened our current US coverage universe to identify companies where our analysts' views diverged from that of the Street, focusing on rating, earnings projections as well as target price," Credit Suisse wrote. "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 6 Outperform rated names and 6 Underperform rated stocks."
The "Outperform" names are listed first, followed by the "Underperform" ones.
Here are the 12 contrarian stock ideas from Credit Suisse: