The fourth quarter is just getting started, and RBC Capital Markets sees some stocks slated for growth in the months ahead.
Looking ahead, RBC unveiled a list of its top 30 high-conviction global stock ideas that it thinks are poised to outperform in the long term.
As a result, RBC has an outperform rating on the name, with a price target of $48.
"As proof-points to the success of this strategy emerge, we believe the stock could begin to re-rate higher," the analyst said.
Software name CrowdStrike and British oil giant Shell were also picked for the fourth quarter's list.
Persons:
Brad Erickson, Daniel Perlin, Perlin, Ferrari, Tom Narayan
Organizations:
RBC Capital Markets, Dow Jones, RBC, Sarepta Therapeutics, Amazon, P Global, PayPal, Reuters
Locations:
Italy