BAML views defensive firms as those most insulated from cyclical downturn, and lists stocks that have a 28% average upside from current levels.
Bank of America Merrill Lynch released a report Monday highlighting 10"defensive" stocks set to outperform markets during economic downturns. A collection of proprietary indicators point to continued weakness in economic growth, according to analyst Savita Subramanian. BAML recommends stocks in the automotive and healthcare industries, among others. Visit the Markets Insider homepage for more stories.
Bank of America Merrill Lynch released a report Monday highlighting 10"defensive" stocks set to outperform markets during economic downturns. A collection of proprietary indicators point to continued weakness in economic growth, according to analyst Savita Subramanian. BAML recommends stocks in the automotive and healthcare industries, among others. Visit the Markets Insider homepage for more stories.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
With Stocks at Fresh Highs, Investors’ Portfolios Look Alike“This huge world of investible assets has shrunk down to a small cohort,” a strategist at Bank of America Merrill Lynch said of the market’s most crowded trades
Read more »
FBI offers $10,000 reward for 'Pink Lady Bandit' after string of bank robberiesThe FBI is offering a $10,000 reward in its search for a woman dubbed the 'Pink Lady Bandit' who is suspected in at least 4 bank robberies over the span of a week.
Read more »
'Pink Lady Bandit' on FBI's radar following three bank robberiesThe Pink Ladies in 'Grease' were known for their iconic matching jackets, but now authorities are on the search for a different kind of namesake. The FBI is looking for a woman they've dubbed the 'Pink Lady Bandit' because she allegedly carried a 'distinctive pink handbag
Read more »
'Pink Lady Bandit' on FBI's radar following three bank robberiesThe FBI is looking for a woman they've dubbed the Pink Lady Bandit because she carried a 'distinctive pink handbag' to two of the three recent bank robberies.
Read more »
Breakingviews - China slowly clarifies its bank bailout message(Reuters Breakingviews) - China is gradually clarifying its bank bailout message...
Read more »
Hong Kong protests not yet causing 'big movement of money' to Singapore, says bank CEOSingapore — a tiny Southeast Asian country — and Hong Kong are often seen as competitors for the role of Asia's premier financial center.
Read more »