Finance

CREDIT SUISSE: Here’s the best stock to buy in every sector

Posted on

Ticker: FBHS

Sector: Homebuilding & Building Products

Year-to-date performance: -16.15%

Credit Suisse’s take: “Fortune Brands is among the best-positioned names within our coverage as: (1) it leverages its base of established brands, especially in plumbing, to gain share, (2) seeks expansion in attractive, higher margin categories through acquisitions, and (3) maintains a balanced capital structure, including returning cash to shareholders. As such, the company has delivered industry-leading margins, which we expect to hold as we enter the middle to latter parts of the housing cycle.

Source: Credit Suisse

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