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UBS: Here are the 10 stocks that are set to explode higher

UBS equity research highlighted the bank's top stock picks for the second half of 2017.

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In a note to clients circulated May 12, UBS equity research highlighted the bank's top stock picks for the second half of 2017.

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"We asked this of all UBS Analysts in North America. Their responses are collected here, to provide you with a snapshot of our highest conviction Buy-rated investment ideas in North America today," the bank said.

Business Insider went through the list and picked out the 10 stocks with the most upside potential according to their UBS analyst price targets compared to their current prices.

10. Allergan

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Ticker: AGN

Sector: Healthcare

Performance so far this year: +9.11%

Price target: $275.00

Implied upside potential: 20%

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UBS says: AGN has a strong portfolio and investors should gain confidence in growth prospects.

9. Terex Corporation

Ticker: TEX

Sector: Industrials

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Performance so far this year: +2.66%

Price target: $40.00

Implied upside potential: 20%

UBS says: TEX will execute changes to their crane business with a new management team in place. The company will reshape their product offerings overall.

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8. Adient

Ticker: ADNT

Sector: Industrials

Performance so far this year: +21.57%

Price target: $86.00

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Implied upside potential: 20%

UBS says: "

7. E*Trade Financial

Ticker: ETFC

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Sector: Financials

Performance so far this year: -1.13%

Price target: $43.00

Implied upside potential: 22%

UBS says: ETFC will either improve operating metrics or seek a buyer for the company.

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6. Energy Transfer Equity LP

Ticker: ETE

Sector: Energy

Performance so far this year: -3.06%

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Price target: $24.00

Implied upside potential: 28%

UBS says: Expect ETE to move more oil, to raise its dividend, and to grow earnings.

5. Tesoro Corporation

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Ticker: TSO

Sector: Energy

Performance so far this year: -7.5%

Price target: $107.00

Implied upside potential: 29%

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UBS says: "TSO is our top pick as we believe it offers the most upside to fair value and provides a stream of catalysts that could move the share price higher."

4. Parsley Energy

Ticker: PE

Sector: Energy

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Performance so far this year: +8.07%

Price target: $44.00

Implied upside potential: 37%

UBS says: Investors have underappreciated this stock with strong cash flow.

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3. Esperion Therapeutics Inc.

Ticker: ESPR

Sector: Healthcare

Performance so far this year: +187.65%

Price target: $52.00

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Implied upside potential: 46%

UBS says: "Esperion is a top pick as we believe the company is strategically well-positioned with a novel lipid-lowering oral agent that has been de-risked from a clinical and regulatory perspective, offering investors a highly attractive risk-reward profile."

2. Halliburton Company

Ticker: HAL

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Sector: Energy

Performance so far this year: -16.38%

Price target: $70.00

Implied upside potential: 53%

UBS says: HAL is the largest pressure pumping provider, and strong execution should lead to robust incremental margin growth.

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1. Anadarko Petroleum Corporation

Ticker: APC

Sector: Energy

Performance so far this year: -26%

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Price target: $80.00

Implied upside potential: 54%

UBS says: APC is undervalued following the sharp selloff after a tragic home explosion in Colorado.

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