VFC - Amazon IBM highlight Credit Suisse's 'Top of the Crop' picks: At the Open

Among its top stock picks for 2021, Credit Suisse especially likes six names among its 40 top outperform ideas.Credit Suisse Product Manager Andrew St. Pierre says the names are the "highest conviction combined with the least demanding market expectations," in a note out today.The top stocks are: Amazon (AMZN), IBM (IBM), Aptiv (APTV), Edwards Lifesciences (EW), Advance Auto Parts (AAP) and Devon Energy (DVN).The criteria are:High conviction calls. "Highest conviction Outperform ideas where CS analysts' estimates and target prices are above consensus and consensus is not overly bullish."View through HOLT. Credit Suisse's HOLT is a model aiming for objectivity in converting income and balance sheet information into cash flow return on investment. "Outperform ideas with least demanding market expectations. Market-implied CFROI is below forecast CFROI and historical median."Credit Suisse also notes five new Top Outperform ideas: Papa John's (PZZA), V.F. Corp. (VFC), Arena Pharma (ARNA), Insmed (INSM) and Dun &

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Amazon, IBM highlight Credit Suisse's 'Top of the Crop' picks: At the Open