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.
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