BofA Securities Adds Medical Technology Giant to the US 1 List

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Healthcare Business

With earnings reporting for the second quarter all but over, and the summer starting to wind down, many of the top companies we follow on Wall Street are making some changes to the lists of their high-conviction stock picks for clients. With the market showing the potential for some sizable rotation, it makes sense to examine the lists and make some changes because the rest of the year could have additional volatility, as the political and geopolitical cycle could prove to be very explosive components.The research team at BofA Securities made two changes to the firm’s US 1 List of top stocks to buy. Hill-Rom Holdings Inc. (NYSE: HRC) was removed from the list but remains Buy rated, and Medtronic PLC (NYSE: MDT) was added. The analysts also made changes to the weighting methodology and the committee process for the US 1 list during the last changes to the portfolio, so we have them again for review:Going forward, the list will be weighted based on market capitalization, and will allocate 2% for stocks with Here we cover the new medical technology stock that was added and also screened the US 1 list for additional stocks in the health care …

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