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Here are 5 ‘best idea’ stock picks from RBC Capital

Key Points
  • RBC Capital Markets shares its best stock ideas from the firm's research team.
  • The firm has a $79 price target for Air Lease, representing 100 percent upside from Monday's close.
A man enters a Dollar Tree discount store in Garden City, New York.
Shannon Stapleton | Reuters

RBC Capital Markets shared with its clients the firm's best current stock picks.

"A top pick rated stock represents an analyst's best idea in the sector and is expected to provide significant absolute total return over 12 months with a favorable risk-reward ratio," the firm's equity research team wrote in a note clients Tuesday.

The RBC Capital Markets top picks list is up 12.4 percent this year through July versus 10.3 percent for the . Since inception, the firm's list is up 120 percent versus the market's 96 percent since the end of 2011.

Here are five companies that made RBC's recommended list and their price targets.