The bank says its U.S. and global picks are set to beat the MSCI All Countries World Index — and it has not shied away from taking contrarian positions.
UBS named a raft of U.S. and global stocks it says are set to beat a major index in 2023, which it described as a year of "inflection points." The stock picks are its "highest conviction" names, and the list is aimed at beating the MSCI All Countries World Index, the Swiss bank said in a July 11 research note, adding that it did not "shy away from taking some contrarian positions.
pharmaceuticals company Merck made UBS' list as it is a "high-quality company trading at [a] reasonable valuation … in addition, we think MRK will likely augment its business development efforts given its strong cash flow," the bank's note said. UBS added MGM Resorts International to its picks, with analysts "encouraged by the continued strength in Las Vegas and a healthy outlook for MGM.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UBS to retain EY as auditor after Credit Suisse takeover- FTUBS Group has decided to retain EY as its external auditor, enlarging its role to include Credit Suisse's accounts from 2024, the Financial Times reported on Sunday, citing people with knowledge of the decision.
Read more »
Magna Carda's Wild West Refresh and Four More Songs From Austin ArtistsNew music picks from magnacarda, Farmer's Wife, Sentimental Family Band, and more.
Read more »
Suns Acquire Three Second Round Picks From Magic For First Round Pick SwapSuns Acquire Three Second Round Picks From Magic For First Round Pick Swap - RealGM Wiretap
Read more »
The 100 Greatest Boy Band Songs of All Time: Critics’ PicksThis week, Billboard is celebrating this venerated pop institution with a week of boy band-related coverage, starting with our list of the 100 Greatest Boy Band Songs of All Time — spanning n…
Read more »
The 98 Greatest Songs of 1998: Critics’ PicksAt Billboard, we’re celebrating everything 1998 with a week’s worth of content themed around this incredible year, remembering all the unforgettable (and some of the unfortunately forgo…
Read more »
6 eyebrow pencil picks for brow brillianceWe\u0027re bringing you the ultimate roundup of the best eyebrow pencils.
Read more »