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Shares of AutoZone (AZO) - Get AutoZone, Inc. Report are rolling in 2015, up 25% due to an auto-parts market in high gear. Lee Rosenbaum, portfolio manager for the Loomis Sayles Global Equity and Income Fund (LSWWX) - Get Loomis Sayles Global Allocation Y Report , does not see the company or its stock slowing down in the coming year.

"The car market that they are servicing in North America still has a lot of aftermarket and parts that need servicing and replacement," said Rosenbaum. "The company still has the ability to grow their square footage, we believe in the low- to mid-single-digit range for many years to come."

Rosenbaum added that AutoZone has historically done a good job of using its free cash flow to repurchase stock.

He is also bullish on Assa Abloy (ASAZY) , which has seen its shares jump 14% year-to-date. He said the Swedish door and lock maker is benefiting from increased demand from airports, universities and commercial buildings seeking better security systems.

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"It's a very innovative company and the market structure for Assa Abloy is fragmented, and this allows them to grow organically, but also to use their excess free cash flow to make value-enhancing acquisitions in a fragmented market," said Rosenbaum.

Rosenbaum is positive on Legal & General (LGGNY) , up 1% this year, saying the British insurance company and asset manager is the stable earnings power of its annuity business.

"Insurance generally is a very capital-intensive business, but their insurance and savings businesses tends to be more free cash-flow generative than most insurers globally," said Rosenbaum.

Finally, Rosenbaum is bullish on Japanese consulting giant Nomura Research (NRILY)   despite recent reports of shrinkage in the Japanese economy. Data released Monday showed Japan's economy had contracted at an annualized 0.8% between July and September, yielding the two consecutive quarters needed to mark an official recession in the world's third-largest economy.

"They have a very good balance sheet, they have grown the dividend," said Rosenbaum, "and we think there is the opportunity for share repurchase over time as they look to drive their return on equity higher."