EQH - Caterpillar moves into Credit Suisse's 'Top of the Crop' list: At the Open

Mihail Minin/iStock via Getty Images Credit Suisse is out with its July edition of top picks, with 45 names split between 39 outperform and 6 underperform.And there are some changed in its six "Top of the Crop" names.Credit Suisse Product Manager Andrew St. Pierre says those stocks are the "highest conviction combined with the least demanding market expectations."Three names stay in top list from June: IBM (IBM), Aptiv (APTV) and Edwards Lifesciences (EW).The new entrants: Caterpillar (CAT), Acuity Brands (AYI) and Equitable Holdings (EQH).Dropping off the highest conviction list, but remaining top ideas: Amazon (AMZN), Devon Energy (DVN) and Advance  Auto Parts (AAP).The "Top of the Crop" 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

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Caterpillar moves into Credit Suisse's 'Top of the Crop' list: At the Open