Credit Suisse says buy stocks with this characteristic popularized by Warren Buffett

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

The firm sought out companies that can maintain a competitive advantage as macro risks rise.

Credit Suisse is recommending stocks with a characteristic favored by Warren Buffett for investors navigating growing risk in equity markets. The firm expects companies with "economic moats" could help investors shield their portfolios from increasing economic uncertainty. It's a term popularized by the legendary investor that refers to a company's ability to maintain competitive advantages against its peers, such as a better business model or scale.

Still, there are opportunities in businesses with protective moats, that have "a superior ability to innovate" with strong pricing power. Here are the names. Shares of Air Products & Chemicals can surge more than 20% from here as the company has "among the most resilient business models," as it's difficult to transport gases over long distances, according to Credit Suisse. The firm has a $295 price target on the company, and shares closed Wednesday at $241.46.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Credit sus gonna lone me the cash?

I know we all probably might have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to Derrick_wright3 on Twitter he guides me through and i made a return of $10500 after a week of trading, connect with him

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Credit Suisse mulling investment bank split into three: reportSwiss bank Credit Suisse is reportedly considering splitting its investment bank into three as part of a new strategy to save itself from years of scandal. Why dont they just liq.
Source: MarketWatch - 🏆 3. / 97 Read more »

Credit Suisse weighs capital hike, possibility of exiting U.S. marketCredit Suisse is sounding out investors for fresh cash and considering exiting the U.S. market as it attempts a radical overhaul of its investment bank. Will credit Suisse even survive here? bye bye 👋 Go tell Citadel to leave too
Source: CNBC - 🏆 12. / 72 Read more »