With markets tanking around the world after the Brexit vote, Jefferies sees an opportunity for investors and recommends buying a specific list of stocks during the sell-off.
"Understanding which companies' fundamentals are most insulated and most impacted by UK/EU turmoil isn't that difficult, but what about the stocks where the market might now be overestimating or overly discounting fundamental risk?" Jefferies' equity research team wrote in a note to clients Monday.
The note added, "We acknowledge that volatility may persist at high levels for a while, but for those who believe that disruptions like this can create medium and long-term opportunities, we wanted to offer some stock ideas."
Here are five buy-rated stocks Jefferies recommends on the Brexit pullback.