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

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

Quick Summary:

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

The firm has a $295 price target on the company, and shares closed Wednesday at $241.46.

Credit Suisse identified bottom-up opportunities in companies that have high barriers to entry, just as macro risks rise.

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Category: Economy

Topics: McDonald's Corp Reynolds Consumer Products Inc Markets Stock Picks Stocks Investing Pro: Active Hershey Co Source:tagname:CNBC US Source US: News Microsoft Corp Articles Wall Street CNBC Pro Stock markets Air Products and Chemicals Inc Autodesk Inc Pro: Pro Insight Breaking News: Investing Cnbc Nextera Energy Inc U.S. Markets Overview Business PRO Home Premium

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-23, 03:09:24

News Timezone: GMT -5:00

News Source URL:

Language: English

Reading Time: 3 minutes read

Article Length: 482 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 484141

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