Barclays: 7 stocks ready to pop 10% or more

An employee sorts packages inside the FedEx distribution hub at Los Angeles International Airport.
Patrick T. Fallon | Bloomberg | Getty Images

The Barclays equity research team put out a note to clients Monday with its best stock recommendations for the next 12 months, saying stock picking is more important than ever, even with the S&P 500 at a new high.

We expect "alpha focus to be vital in the near term as we navigate an environment that may present numerous macro pitfalls," states the Monday note. "Our Americas Top Picks present a collection of our marquee bottom-up investment ideas, each representing an analyst's most high-conviction liquid stock selection within the associated coverage industry."

Here are 7 of the top Barclays overweight-rated picks.