What are we looking for?
The Street’s global “buy” list for 2013.
With the help of Jamie Hynes, sales director with S&P Capital IQ, we scoured the world’s major exchanges in search of companies that analysts are bullish on. These firms will grow their revenues, earnings, dividends – and, of course, stock prices – in 2013, according to consensus analyst estimates.
How we did it
Mr. Hynes used the S&P Capital IQ Screener to search for stocks that analysts have boosted forecasts on over the past three months. To qualify, estimates must have gone up for:
earnings per share;
revenue per share;
dividends per share.
Mr. Hynes specified that the average analyst recommendation for a stock on the list must be a “buy,” at least three analysts must have the highest rating (1) for the stock, and that there could not be a “sell” recommendation from any analyst. The stock’s expected return, based on the consensus target price, must also be at least 10 per cent.
More about S&P Capital IQ
S&P Capital IQ offers a comprehensive set of tools for fundamental analysis of global securities as well as idea generation and work flow management. Its Web- and Excel-based platform provides access to both real-time and historical information on companies, markets, transactions and people around the world.
What we found
Just 46 stocks met the criteria listed above. The 20 with the largest expected returns are shown in the accompanying table. Two Canadian-based companies (Dollarama Inc. and Agnico-Eagle Mines Ltd.) make the cut.
While many of these stocks are off to a good start in 2013, analysts see room for more gains. Remember, though, that there is no guarantee that these shares will continue to go up. As always, you should do your own research before buying any of the stocks listed here.
Stocks with rising prospects for 2013
|Company||Ticker||Country||Market cap ($ mil.)|
|Nu Skin Enterprises||NUS-N||United States||2,482|
|Cia Energ. de Minas Gerais||CMIG4-Bovespa||Brazil||8,970|
|GNC Holdings||GNC-N||United States||3,583|
|Ju Teng International||3336-SEHK||Hong Kong||562|
|Tesoro Corp.||TSO-N||United States||5,941|
|Anite PLC||AIE-LSE||United Kingdom||606|
|Sinopec Kantons Holdings||934-SEHK||Hong Kong||1,596|
* % change in 2013 consensus analyst estimate over last 3 months. ** Average broker recommendations: 1=buy; 3=hold; 5=sell. *** Expected return based on consensus target price. Source: S&P Capital IQ
|Company||Ticker||Country||Market cap ($ mil.)||EPS (% chg*)||Rev/share (% chg*)||Div/share (% chg*)||Avg broker recomm.**||% total rtn YTD (Jan. 15)||Expected return***|
|Nu Skin Enterprises||NUS-N||United States||2,482||5.9||5.3||11.8||1.1||15.9||45|
|Cia Energ. de Minas Gerais||CMIG4-Bovespa||Brazil||8,970||39.1||3.1||29.1||2.2||-2||26.4|
|GNC Holdings||GNC-N||United States||3,583||2||1||5.7||1.7||10.1||25.2|
|Ju Teng International||3336-SEHK||Hong Kong||562||2.4||0.5||4.1||1.3||6.3||21|
|Tesoro Corp.||TSO-N||United States||5,941||8.3||3.8||22.4||2.3||-1.5||20.7|
|Anite PLC||AIE-LSE||United Kingdom||606||1.3||0.1||2.1||1.6||-5||18.7|
|Sinopec Kantons Holdings||934-SEHK||Hong Kong||1,596||5.5||11.7||3.5||1||20.1||18.2|
|BTG Pactual Group||BBTG11-Bov.||Brazil||13,967||6||10.8||5.7||1.6||5.7||18.1|
|Tesoro Logistics||TLLP-N||United States||1,856||4.3||26.5||6.9||1.4||-2.7||17.6|
|Memorial Prod. Partners||MEMP-Q||United States||595||10.2||71.2||2.3||2||3.3||17.3|
|Noble Energy||NBL-N||United States||18,348||0.8||0.5||7.5||1.8||3.5||16|
|Discover Financial Serv.||DFS-N||United States||19,553||2.9||1.4||12.3||2||2.1||15.4|
|Ross Stores||ROST-Q||United States||12,700||0.8||0.4||0.2||2.2||7.2||15.2|