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Carvana (CVNA), Alphabet (GOOGL), Walmart (WMT) and RingCentral (RNG) Find Their Place in Jefferies' Franchise Pick List

January 29, 2021 9:50 AM EST

Analysts at Jefferies updated their Franchise Picks list to add 13 names and remove 8 stocks. They note that the Franchise Picks list has outperformed the SPX by ~900bps on a total return basis as of December 31, 2020.

At the moment, the Franchise Pick list consists of: BFAM, BIO, BX, CVNA, CVS, EXR, FCX, GILD, GNTX, GOOGL, HAE, HUN, KMT, MCHP, NICE, OC, PFSI, PG, RNG, SIX, TDG, TJX, WAL and WMT.

As far as particular stocks are concerned, Carvana (NASDAQ: CVNA) has been added to the list as their analyst John Colantuoni believes the... More