Deutsche Bank's Fresh Money List, its analysts' best buy-and-hold ideas over the next 12 months, has delivered substantially higher returns than the S&P 500 since it was created in Q3 2017.
Over that time, the list of stocks is up 150% compared to the S&P 500's 124%, though the benchmark index has beaten the portfolio by 5.7% over the last 12 months.
In a recent note to clients, the bank issued its quarterly update to the portfolio for Q1 2024, and it included 29 new stocks in addition to 10 names carried over. Those 10 rollover stocks were Kien Hung (KHS), Monster Beverage (MNST), Ryman Hospitality (RHP), Charles Schwab (SCHW), Marqeta (MQ), Crane Company (CR), C3.ai (AI), Five9 (FIVN), Micron Technology (MU), and Warner Music Group (WMG).
Below, we've listed the 29 additions to the portfolio, alongside analyst commentary and price targets, and percentage upsides to those price targets as of the market close on Thursday, December 21, 2023.
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