UBS Has 'Highest Conviction' These Stocks Will Outperform Going Forward

David Lefkowitz, UBS CIO Head of US Equities, updated the firm’s “Pricing Power Standouts” stock list to remove Netflix (NASDAQ: NFLX) after the horrible earnings report released on Tuesday.

The list reflects UBS’ “highest conviction tactical thematic equity ideas over a six to 24-month time horizon.” These themes are: Time for quality; Security takes center stage; Sell-off opportunities; Reopening America; and Business spending rebound.

“We believe that companies with pricing power have the potential to outperform the broader market in the months ahead. These companies tend to have high and stable gross profit margins and a large market share in their respective industries,” Lefkowitz wrote in a client note.

The list consists ofs 24 names, including Apple (NASDAQ: AAPL), Adobe (NASDAQ: ADBE), Walt Disney (NYSE: DIS), Alphabet (NASDAQ: GOOGL), Coca-Cola (NYSE: KO), Microsoft (NASDAQ: MST), Nike (NYSE: NKE), Visa (NYSE: V), etc.

By Senad Karaahmetovic

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