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Friday, May 28, 2021

Here are UBS' highest conviction stock picks into the summer - CNBC

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A performer dressed as Mickey Mouse entertains guests during the reopening of the Disneyland theme park in Anaheim, California, U.S., on Friday, April 30, 2021.
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As the market stalls even while companies post strong earnings results going into the summer, UBS thinks it's a good time for stock picking.

UBS estimates many companies will post second-quarter earnings that'll beat Wall Street expectations, leading to solid returns if investors hold the right stocks.

"We believe this backdrop of consolidation ahead of coming events presents significant single-stock opportunities," UBS strategist Keith Parker said in a note released Wednesday.

UBS analysts identified their highest-conviction stock picks that they believe will outperform the market. Key catalysts this summer could further drive returns for these high-conviction calls.

Take a look at 10 of UBS' picks:

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Here are UBS' highest conviction stock picks into the summer - CNBC
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