(This story is for CNBC Pro subscribers only.) There are a handful of stocks that can weather the current market storm, according to investment bank and research firm BTIG. The firm refreshed its list of "highest conviction investment ideas," in light of the recent volatility and market turmoil. Stocks have experienced a dismal market rout in recent weeks as the coronavirus threatens to halt global economic growth. The fast-spreading virus has disrupted many industries like airlines and hospitality. Governments have stepped in with travel bans and state-wide school closures to curb the infection rate. Even after the Federal Reserve stepped in on Sunday by slashing interest rates to zero, markets continued their tailspin. Stock market futures on Monday hit "limit down" levels of 5% lower, a move made by the CME futures exchange to reduce panic in markets. No prices can trade below that threshold, only at higher prices than that down 5% limit. Dow Jones Industrial Average futures were off by more than 1,000 points, triggering the limit down level. S & P 500 and Nasdaq 100 futures were also at their downside limits. In a search for some yield in the market mayhem, BTIG put out a list of its highest conviction stock ideas in a note title "stocks for the storm." All the stocks on the list are expected to rally over the next 12- months, even while uncertainty reigns. BTIG has a buy rating on all the listed stocks. Chipotle Mexican Grill will rally more than 60% in the next 12 months, according to BTIG. The restaurant chain reported same-store sales growth of 13.4% in the fourth quarter of 2019, fueled by more customers returning to its restaurants. Chipotle is also getting a boost from its digital business. Homebuilding company DR Horton also made BTIG's list. The firm expects DR Horton's stock to rally nearly 80% in the next year. Home construction companies often get a boost from low interest rate environments. Lower rates bring down mortgage payments and allow for extra money to be pumped back into home improvement. BTIG also sees real estate company Equity Residential , which invests in apartments, to rally in the next 12 months. The health care names that BTIG likes are Thermo Fisher Scientific , Zimmer Biomet , and Varian Medical Systems . The firm also likes e-commerce marketplace Mercado Libre and freelancing platform Upwork. — with reporting from CNBC's Michael Bloom.
Employees prepare orders for customers at a Chipotle Mexican Grill restaurant in Hollywood, California.
Patrick T. Fallon | Bloomberg | Getty Images
(This story is for CNBC Pro subscribers only.)
There are a handful of stocks that can weather the current market storm, according to investment bank and research firm BTIG.