Investing.com -- RBC Capital unveiled its "Top 30 Global Ideas for 2025," highlighting high-conviction, long-term investment opportunities.
This quarterly updated list features notable changes with new additions and removals based on market conditions and growth potential.
The bank revealed that additions for 2025 include Canadian Pacific (NYSE:CP) Kansas City, ConocoPhillips (NYSE:COP), Gitlab (NASDAQ:GTLB), MSCI, Nestlé, Safran (EPA:SAF), Snowflake (NYSE:SNOW), and Xero.
RBC (TSX:RY) analysts highlight Canadian Pacific Kansas City (TSX:CP)'s “generational growth opportunity” on the back of the KCS acquisition, predicting the fundamentals will drive the stock higher in 2025.
They also see ConocoPhillips as a standout in the energy sector due to its “strong balance sheet and low WTI breakeven point position,” making it resilient through commodity price cycles.
Meanwhile, the bank expects Gitlab to play a central role in the DevOps ecosystem, with 30% revenue growth anticipated for FY25.
Snowflake's evolution into a comprehensive Data Cloud platform positions it well for cross-selling opportunities in business intelligence and GenAI applications, according to RBC, which maintains a bullish outlook on its growth and profitability.
Nestlé is recognized for its positive steps toward stabilization and growth. “We view the valuation as inexpensive against other quality staples names,” said RBC.
Safran is seen as a high-quality aerospace and defense supplier poised for a strong 2025, supported by its aftermarket business and conservative revenue guidance.
Deletions include Anheuser-Busch InBev (EBR:ABI), Brambles, Canadian Natural Resources (TSX:CNQ), CrowdStrike (NASDAQ:CRWD), HealthEquity, HEICO (NYSE:HEI), Intercontinental Exchange (NYSE:ICE), and TELUS (TSX:TIXT) (NYSE:TU).
RBC noted that for 2024, the Top 30 delivered a total return of +18.6% compared to the benchmark at +18.7%.