FMP

FMP

Mizuho Updates Top Picks List with Focus on Growth Catalysts

Mizuho Securities has revamped its Top Picks list, featuring high-conviction stocks with significant growth potential. Here are some of the key additions:

  • PayPal (PYPL): Mizuho analysts highlight the potential of Fastlane, PayPal's new guest checkout solution. Their analysis suggests Fastlane could significantly boost transaction margins by $1.0 to $1.5 billion over time. This projection factors in the estimated $1.43 trillion of annual e-commerce spending Fastlane could capture. They believe this translates to a 5-10% upside compared to 2023 levels, bolstered by stabilization in trends observed across key e-commerce partners. Furthermore, PayPal's valuation is viewed as attractive, positioning it for potential outperformance relative to its peers.

  • Other Notable Additions: The revised list also includes Oracle (ORCL), NEXTracker (NXT), Intra-Cellular Therapies (ITCI), Cigna Group (CI), DuPont de Nemours (DD), and Ventas (VTR).

Mizuho's rationale for including these companies likely centers around specific growth catalysts for each. We'll need to monitor future reports to learn more about their specific insights into the other additions.

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