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Jefferies Adds 2 Very High-Profile Stocks to Franchise Picks List

With most of the first-quarter results in and booked, many of the firms we cover on Wall Street are making some changes to the list of high-conviction stocks that they show to institutional and high net worth clients. This typically happens as the first quarter is often not only a snapshot of how the year started, but companies massage forward guidance, and that often is an indicator of how they expect the rest of the year to be.

In a series of new reports, Jefferies has added two high-profile stocks to the firm’s prestigious Franchise Picks list of high-conviction ideas. Both are well liked on Wall Street and could have outstanding upside potential for investors with a more aggressive posture.

Hain Celestial

This company is added to the list and has great potential as the demand for organic food continues to grow. The Hain Celestial Group Inc. (NASDAQ: HAIN) manufactures, markets, distributes and sells natural and organic products in approximately 50 countries worldwide. The company has a plethora of very well-known brands that are extremely popular with consumers and many on Wall Street feel that strategic investments, combined with continued efforts to contain costs...