8 Canadian stocks make RBC's top 30 list | Financial Post

8 Canadian stocks make RBC's top 30 list | Financial Post

RBC Capital Markets released its 30 best global stock ideas for the coming year and eight Canadian companies made the grade.

“Similar to 2013, our 2014 list remains focused on companies that should be positively correlated to the ongoing global economic recovery,” said Marc Harris, director of global research at RBC Capital Markets.

“However, consistent with an economic cycle that is maturing, this year’s Top 30 list displays a much greater emphasis on company-specific tailwinds and catalysts.”

The list, compiled by economists and strategists in North America, Europe and Australia, identifies the most attractive equity investment ideas within RBC’s coverage universe with a particular focus on larger-cap and liquid names that offer ”business transformation or inflection and above average return on capital.”

The 30 names include 15 investment recommendations from the U.S., eight from Canada, five from Europe and two from Australia.

The Canadian companies on the list are Brookfield Asset Management Inc., CAE Inc., Dollarama Inc., Domtar Corp., Goldcorp Inc., Suncor Energy Inc., TD Bank Financial Group and Teck Resources Ltd.

South of the border, top picks include CBS Corp., Johnson Controls Inc. and Monster Beverage Corp., while Nestle S.A., Royal Dutch Shell PLC and UBS AG are a few of the international recommendations.

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8 Canadian stocks make RBC's top 30 list | Financial Post

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