Credit Suisse's 4 Contrarian Stock Ideas Poised to Underperform

Credit Suisse takes a more cautious view of these five stocks than consensus and rates them all underperform.
By Laurie Kulikowski ,

Credit Suisse has updated its list of contrarian stock ideas for investors to consider -- as well as its list of contrarian stocks you might want to sell before it's too late.

Analysts from the Swiss investment bank identified "companies where our analysts stand apart from the consensus view" and "companies where our analysis reveals opportunities that the market has not yet priced in," in a July 5 report.

The report, titled "Out on a Limb: 10 Contrarian Stock Ideas," considered stocks in Credit Suisse's U.S. coverage universe. The analysis focused on ratings, earnings projections and target prices, as well as a high "conviction level" from its equity analysts. The report identified 10 stocks in total: five that analysts were more optimistic about than Wall Street (all rated outperform) and five that the analysts were more cautious about than consensus (all rated underperform).

Here are the four underperform contrarian U.S. ideas from Credit Suisse (one stock is traded on the Toronto Stock Exchange).

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