Reuters
- UBS Research Management asked all of its North American analysts for their top stock picks for next year.
- Then, UBS compiled a list of the top 20 stock picks, highlighting equities with the most compelling "Buy" or "Sell" ratings for the year ahead, according to report released Wednesday.
- Here are the top 20 high-conviction stock picks for 2020, from UBS.
- Read more on Business Insider.
In gearing up for 2020, UBS Research Management decided to ask all of its North American analysts a simple question - what is your top pick for 2020?
The result is a 20-stock list of high-conviction equity picks with the "most compelling Buy- or Sell- rated investment ideas for the year ahead," wrote Joseph Parkhill and Peter Lennox-King, product managers at UBS US Equity Product Management.
The report, released Wednesday, focuses on stocks where UBS analysts "have a truly differentiated view vs. consensus," according to the note.
The list includes stocks across a number of industries, including financials, healthcare, and consumer companies. It's also generally bullish - of the 20 stocks listed, UBS analysts have "buy" ratings on 15, and "sell" ratings on five. UBS also considered each stock's upside or downside to price targets, skew towards risk or reward, and sector weighting to roughly balance the S&P 500 index, according to the report.
Here are the top 20 stocks for 2020, according to UBS, ranked in ascending order of total return to price target.