Seeking Alpha
Profile| Send Message|
( followers)

Following is the list of Citi Investment Research’s top Large Cap buy recommendations:

Company Name

Symbol

Industry

Current Price

Target

Macy's Inc

M

Retailing - Broadlines

$24.26

$31.00

Dollar General

DG

Retailing - Broadlines

$31.35

$44.00

KKR & Co. L.P.

KKR

Asset Managers

$16.41

$22.00

Avon Products Inc

AVP

Household/Personal Care Products

$27.04

$35.00

Kellogg Co

K

Food Manufacturers

$53.98

$61.00

Medco Health Solutions Inc

MHS

Health Care Services

$56.16

$77.00

State Street Corp

STT

Asset Management & Custody Banks

$44.94

$60.00

Time Warner Cable Inc

TWC

Cable

$71.34

$78.00

Covidien Ltd

COV

Medical Supplies & Technology

$51.94

$59.00

Celgene Corp

CELG

Biotechnology

$57.58

$74.00

BlackRock Inc

BLK

Asset Managers

$201.00

$240.00

MetLife Inc

MET

Insurance - Life

$44.73

$59.00

American Express Co.

AXP

Consumer Finance

$45.20

$60.00

Google Inc

GOOG

Internet

$586.00

$750.00

TE Connectivity Ltd.

TEL

EMS

$34.82

$50.00

The Williams Companies Inc

WMB

The Williams Company

$31.18

$32.00

Illinois Tool Works Inc.

ITW

Industrial Machinery

$53.72

$65.00

Here are some of the specifics about these companies, including a brief description of their business, growth rates (topline and bottom line) and valuation:

Macy’s, Inc. (NYSE:M) is a retailer operating stores and Internet Websites under two brands: Macy’s and Bloomingdale’s. Its EPS forecast for the current year is 2.31 and next year is 2.56. According to the consensus estimates, its topline is expected to grow 3.10% current year and 2.60% next year. It is trading at a forward P/E of 9.51. Out of 17 analysts covering the company, 10 are positive and have buy recommendations and seven have hold ratings.

Dollar General Corporation (NYSE:DG) is a discount retailer. Its EPS forecast for the current year is 2.26 and next year is 2.59. According to the consensus estimates, its topline is expected to grow 11.20% current year and 7.30% next year. It is trading at a forward P/E of 12.18. Out of 19 analysts covering the company, 11 are positive and have buy recommendations and eight have hold ratings.

KKR (NYSE:KKR) is an asset management company. Its EPS forecast for the current year is 2.08 and next year is 2.43. According to the consensus estimates, its topline is expected to grow 11.90% current year and 9.80% next year. It is trading at a forward P/E of 6.95. All 8 analysts covering the company are positive and have buy recommendations.

Avon Products, Inc. (NYSE:AVP) creates, manufactures and markets beauty and non-beauty-related products. Its EPS forecast for the current year is 2.01 and next year is 2.25. According to the consensus estimates, its topline is expected to grow 7.10% current year and 5.30% next year. It is trading at a forward P/E of 12.20. Out of 17 analysts covering the company, 7 are positive and have buy recommendations, two have sell recommendations and eight have hold ratings.

Kellogg Company (NYSE:K) is engaged in the manufacture and marketing of ready-to-eat cereal and convenience foods. Its EPS forecast for the current year is 3.48 and next year is 3.78. According to the consensus estimates, its topline is expected to grow 4.30% current year and 3.40% next year. It is trading at a forward P/E of 14.28. Out of 22 analysts covering the company, 13 are positive and have buy recommendations, two have sell recommendations and seven have hold ratings.

Medco Health Solutions, Inc. (NYSE:MHS) is a healthcare company. It provides clinically driven pharmacy services designed for private and public employers, health plans, labor unions and government agencies of all sizes, and for individuals served by Medicare Part D Prescription Drug Plans. Its EPS forecast for the current year is 4.08 and next year is 4.96. According to the consensus estimates, its topline is expected to grow 4.80% current year and 3.80% next year. It is trading at a forward P/E of 11.43. Out of 32 analysts covering the company, 27 are positive and have buy recommendations, one has a sell recommendation and four have hold ratings.

State Street Corporation (NYSE:STT) is a financial holding company. The Company, through its subsidiaries, including its banking subsidiary, State Street Bank and Trust Company, provides products and services for institutional investors worldwide. Its EPS forecast for the current year is 3.66 and next year is 4.25. According to the consensus estimates, its topline is expected to grow 8.10% current year and 7.90% next year. It is trading at a forward P/E of 10.69. Out of 23 analysts covering the company, 18 are positive and have buy recommendations and five have hold ratings.

Time Warner Cable Inc. (NYSE:TWC) is a cable operator in the United States with systems located in five geographic areas: New York State, the Carolinas, Ohio, Southern California and Texas. Its EPS forecast for the current year is 4.49 and next year is 5.53. According to the consensus estimates, its topline is expected to grow 3.50% current year and 3.60% next year. It is trading at a forward P/E of 13.04. Out of 29 analysts covering the company, 21 are positive and have buy recommendations and eight have hold ratings.

Covidien Public Limited Company, (COV) formerly Covidien Ltd. is engaged in the development, manufacture and sale of healthcare products for use in clinical and home settings. Its EPS forecast for the current year is 3.76 and next year is 4.14. According to the consensus estimates, its topline is expected to grow 7.90% current year and 4.90% next year. It is trading at a forward P/E of 12.71. Out of 21 analysts covering the company, 20 are positive and have buy recommendations and one has a hold rating.

Celgene Corporation (NASDAQ:CELG) is an integrated biopharmaceutical company primarily engaged in the discovery, development and commercialization of therapies designed to treat cancer and immune-inflammatory related diseases. Its EPS forecast for the current year is 3.38 and next year is 4.07. According to the consensus estimates, its topline is expected to grow 23.90% current year and 13.90% next year. It is trading at a forward P/E of 14.07. Out of 29 analysts covering the company, 22 are positive and have buy recommendations and seven have hold ratings.

BlackRock, Inc. (NYSE:BLK) is an independent investment management firm. The Company serves its clients as a fiduciary, and derives all of its revenues from client business. Its EPS forecast for the current year is 12.36 and next year is 14.16. According to the consensus estimates, its topline is expected to grow 12.50% current year and 10.00% next year. It is trading at a forward P/E of 14.29. Out of 15 analysts covering the company, 11 are positive and have buy recommendations and four have hold ratings.

MetLife, Inc. (NYSE:MET) is a provider of insurance, annuities and employee benefit programs, serving 90 million customers in over 60 countries Its EPS forecast for the current year is 5.16 and next year is 5.80. According to the consensus estimates, its topline is expected to grow 20.90% current year and 5.30% next year. It is trading at a forward P/E of 7.80. Out of 19 analysts covering the company, 16 are positive and have buy recommendations and three have hold ratings.

American Express Company (NYSE:AXP) is a bank holding company. Its principal products and services are charge and credit payment card products and travel-related services offered to consumers and businesses. Its EPS forecast for the current year is 3.69 and next year is 4.09. According to the consensus estimates, its topline is expected to grow 6.30% current year and 6.70% next year. It is trading at a forward P/E of 11.09. Out of 23 analysts covering the company, 16 are positive and have buy recommendations, two have sell recommendations and five have hold ratings.

Google Inc. (NASDAQ:GOOG) is focused on improving the ways people connect with information. Its EPS forecast for the current year is 34.59 and next year is 40.18. According to the consensus estimates, its topline is expected to grow 24.40% current year and 17.20% next year. It is trading at a forward P/E of 14.72. Out of 41 analysts covering the company, 34 are positive and have buy recommendations, one has a sell recommendation and six have hold ratings.

TE Connectivity Ltd., (NYSE:TEL) formerly Tyco Electronics Ltd., designs and manufactures over 500,000 products that connect and protect the flow of power and data inside various products. Its EPS forecast for the current year is 3.15 and next year is 3.46. According to the consensus estimates, its topline is expected to grow 17.50% current year and 6.90% next year. It is trading at a forward P/E of 10.12. Out of 12 analysts covering the company, 8 are positive and have buy recommendations, two have sell recommendations and two have hold ratings.

The Williams Companies, Inc. (NYSE:WMB) is a natural gas company. Its EPS forecast for the current year is 1.36 and next year is 1.61. According to the consensus estimates, its topline is expected to grow 1.90% current year and 7.90% next year. It is trading at a forward P/E of 19.42. Out of 10 analysts covering the company, 9 are positive and have buy recommendations and one has a hold rating.

Illinois Tool Works Inc. (NYSE:ITW) is a multinational manufacturer of a diversified range of industrial products and equipment with operations in 57 countries. Its EPS forecast for the current year is 3.79 and next year is 4.42. According to the consensus estimates, its topline is expected to grow 12.10% current year and 10.30% next year. It is trading at a forward P/E of 12.25. Out of 22 analysts covering the company, 14 are positive and have buy recommendations and eight have hold ratings.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Source: Citi Investment Research's Top Large Cap Buy Recommendations