。 2Top Picks104 Top Ideas : We highlight 96 Top Outperform and 8 Top Underperform Ideas. Ideas Across Style, Sector, and Size: We have grouped Top Outperform ideas by style (growth/value), sector and market cap onslide 8.What is New3 New #1 Top Outperforms: 1 Addition (MU) and 2 Upgrades (JEC, SWK). Recent Research on New #1 Top Outperforms: JEC,MU, SWK10 Names Added to Top Outperform Ideas: CNI, GRA, MU, MYOK, NXPI, OLLI, PFE, PRI, PUMP, SYY14 Names Removed from Top Outperform Ideas: ADI, AGN, ALXN, ATH, DLTR, DWDP, FLR, JBHT, MCHP, NEP, PFGC,TUSK, TXN, ZS2 Name Removed from Top Underperform Ideas: BPMP, LPIMethodology“One-stop shop” for the research team’s best ideas. Every US research analyst identifies and ranks up to three top stockpicks based on a 6- to 12-month time horizon. For each name, we include a short summary of our analyst’s thesis as a startingpoint for further analysis.These should not be viewed as portfolios; they are simply a current snapshot of the analysts’ top picks in their coverage universes. 3Table of ContentsSection Page#1 Top Outperforms 4Summary of Top Ideas 5Top Outperforms by Style, Size and Sector 8Top Picks That Rank in Top 25% in HOLT Scorecard 9Top Ideas by Sector / IndustryBasic Materials 11Consumer 14Energy / Utilities 23Financials 30Healthcare 37Industrials 46Services 53TMT 55Valuation Tables 61 4#1 Top OutperformsBASIC MATERIALSChemicals & Ag SciencesASHMetals & Mining EAFPaper & Packaging CCKClick here for previous edition, 1/11/19CONSUMERGaming CZRHomebuilding & Building ProductsSWKLeisure HGVPackaged Food NOMDRetail: Hardlines AAPRetail: Softlines & Global Brands RLRetail: Staples & Distribution USFDENERGY / UTILITIESAlternative Energy RUNE&Ps – Large Cap MROE&Ps – SMID Cap CLRMidstream & MLPs ETOilfield Services & EquipmentHALRefining & Marketing MPCUtilities EXCSERVICESEngineering & Construction JECMachinery DEINDUSTRIALSAerospace & Defense BAAirfreight & Ground Transport CSXAirlines SAVEElectrical Equipment & Multi- Industry HONFINANCIALSAsset Managers / Retail Brokers BXBanks JPMInsurance – LifeVOYAInsurance – P&C / Brokers WLTWMortgage Finance NRZSpecialty Finance SYFHEALTHCAREBiotechnology – SMID Cap PTCTHealthcare Facilities HCAHealthcare Technology &Distribution CVSManaged Care UNHMedical Supplies & Devices SYKPharmaceuticals MRKTMTCommunications & NetworkingEquipment ANETConsumer Internet GOOGLDatacenter REITs INXNSemiconductors MUSoftware ORCLTelecom & Media ATUSNew Top PickStock Moved Up in RankSource: Credit SuisseSERVICESBusiness Services INFO。。。。。。