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Credit Suisse likes Sealed Air, US Steel, CF Industries in basic materials

Jan. 08, 2015 5:52 PM ETSealed Air Corporation (SEE) StockX, SEE, CF, IPIBy: Carl Surran, SA News Editor1 Comment
  • Sealed Air (NYSE:SEE) is Credit Suisse’s top pick in the basic materials sector, seeing falling oil prices providing huge benefits for SEE and boosting the company’s bottom line in 2015.
  • The firm believes better days are ahead for U.S. Steel (NYSE:X), with all the advantages to be among the world's most profitable steel producing companies; its $50 stock price target would represent a double from current levels.
  • Credit Suisse lists CF Industries’ (NYSE:CF) favorable capital allocation and free cash flow as positives for the stock.
  • The firm suggests avoiding Intrepid Potash (NYSE:IPI), citing the company’s low free cash flow generation and slow implication of cost-cutting initiatives.

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