Credit Suisse is recommending stocks with characteristics favored by Warren Buffett to investors seeking increased risk in the stock market. The company hopes companies with an “economic moat” can help investors protect their portfolios from growing economic uncertainty. It’s a term popularized by the legendary investor that refers to a company’s ability to maintain a competitive advantage over its peers, such as a business model or size. better. “The most important thing [is] try to find a business that has a large and lasting moat around it…protects a great economic castle with an honest lord running the castle,” Buffett said at a 1995 meeting, according to Warren Buffett CNBC’s Archive Credit Suisse notes that bottom-up opportunities in companies with high barriers to entry, as well as rising macro risks, the company’s strategists have pointed to aggressive action against inflation inflation by central banks globally, as well as growing risks to the 2023 earnings estimate and the recommendation of underweight equity investors. recession and US GDP growth forecast is 0.9% in 2023, compared with -0.2% in the Eurozone,” analyst Richard Kersley wrote in a note on Thursday. proud, has “outstanding innovation capabilities” with strong pricing power Here are the names Aviation Products & Chemicals stock could rise more than 20% from here as the company has “among the according to Credit Suisse. The company set a $295 price target for the company, and the stock closed Wednesday at $241.46. Hershey was approved by the company because it is “ready for a year of algorithmic growth (5%) in 2022” because of its leading confectionery market share, according to the note. Credit Suisse sets a $250 price target for the company, implying an 11.9% increase from Wednesday’s closing price of $223.41 per share. “The increased market share is likely to last through 2022 and possibly beyond as retailers have given the company more sales space,” reads the note. According to Credit Suisse, McDonald’s is “well positioned” to operate regardless of the macro backdrop because of its top value proposition. Fast food companies are also recovering in overseas markets, read the note. Other companies with moats in the Americas include Microsoft, Nextera and Autodesk. — Michael Bloom of CNBC contributed to this report.
