As the market stalls even while companies post strong earnings results going into the summer, UBS thinks it's a good time for stock picking.
UBS estimates many companies will post second-quarter earnings that'll beat Wall Street expectations, leading to solid returns if investors hold the right stocks.
"We believe this backdrop of consolidation ahead of coming events presents significant single-stock opportunities," UBS strategist Keith Parker said in a note released Wednesday.
UBS analysts identified their highest-conviction stock picks that they believe will outperform the market. Key catalysts this summer could further drive returns for these high-conviction calls.
Take a look at 10 of UBS' picks: