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  4. CREDIT SUISSE: Here are 9 Canadian stocks set to pop by at least 15%

CREDIT SUISSE: Here are 9 Canadian stocks set to pop by at least 15%

Nexa Resources

CREDIT SUISSE: Here are 9 Canadian stocks set to pop by at least 15%

TransCanada Corp.

TransCanada Corp.

Ticker: TRP

Price Target: $70 (+63% from current levels)

Market Cap: $49 billion

Thesis: "We view TransCanada Corp. as facing a number of catalysts following the Columbia Pipeline Group acquisition re-rating earlier in the year."

Enbridge Inc.

Enbridge Inc.

Ticker: ENB

Price Target: $55 (+77% from current levels)

Market Cap: $67.3 billion

Thesis: "Following the Line 3 Replacement (L3R) decision from the Minnesota Administrative Law Judge, we believe the last of the major negatives has played out for the stock."

Emera Inc.

Emera Inc.

Ticker: EMA

Price Target: $48 (+14% from current levels)

Market Cap: $9.3 billion

Thesis: "The growth outlook for effectively regulated solar in the state of Florida combined with repowering efforts at TECO’s coal fired facilities."

Encana Corp.

Encana Corp.

Ticker: ECA

Price Taret: $17 (+29% from current levels)

Market Cap: $12.5 billion

Thesis: "ECA is now poised to grow production and cash flow meaningfully over the medium term, with an inventory of more than 10k "premium" locations concentrated in the Permian and Montney stacked plays."

Enerplus Corporation

Enerplus Corporation

Ticker: ERF

Price Target: $20 (+69% fro current levels)

Market Cap: $3.7 billion

Thesis: "We continue to expect ERF to grow debt and dividend-adjusted cash flow per share (CFPS) at a relatively robust rate vs. our coverage universe over the next three years while maintaining strong financial metrics."

Suncor Energy

Suncor Energy

Ticker: SU

Price Target: $56 (+44% from current levels)

Market Cap: $79.9 billion

Thesis: "Beyond the completion of Fort Hills and Hebron, we believe SU's oil sands margins will expand materially over the next several years from asset synergies and new technologies that could structurally reduce the costs of its large oil sands asset base and grow significant free cash flow over the long run."

Agnico Eagle Mines Limited

Agnico Eagle Mines Limited

Ticker: AEM

Price Target: $60 (+42% from current levels)

Market Cap: $10 billion

Thesis: "AEM is a top pick for its strong exploration and project pipeline, which leads to a growth pipeline without the need for M&A and strong balance sheet and operating track record, which makes it less leveraged to gold price moves than peers."

Goldcorp inc.

Goldcorp inc.

Ticker: GG

Price Target: $18.50 (+37% from current levels)

Market Cap: $11.8 billion

Thesis: "GG has reestablished a good operational track record by achieving 2016 and 2017 production and AISC guidance. Production growth of ~18% to 2.90Mozs in 2020 is second best in its peer group, with the added benefit of FCF over both years."


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