/Here are some of RBC’s top stock picks for 2021
Here are some of RBC's top stock picks for 2021

Here are some of RBC’s top stock picks for 2021

Workers install a Nike logo lamp outside the Wukesong Arena in Beijing, August 28, 2019.

Tingshu Wang | Reuters

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RBC outlined this week its top stock picks for 2021. The 30-stock list, comprised of global companies and updated on a quarterly basis, focuses on the firm’s high-conviction long-term ideas. Names like AbbVie and Teladoc remain on the list, while Nike is among the newest additions.

“Changes this quarter reflect a rotation out of companies that have seen strong performance and less upside, into names that have more attractive potential upside as the economic recovery progresses,” the firm said in a note to clients.