Bank of America Merrill Lynch put out its quarterly, "Top 10 US Ideas" research report this week. The list is decidedly defensive and includes eight names to buy now for the quarter and two names which are rated underperform (or sell in Wall Street speak).
BAML Top 10 US Ideas are based on the bank's view that these companies could have the most significant market and business related catalysts over the next three months. This opinion is based on a bottom-up research approach, with calendar-specific events noted.
Securities that make the cut are only intended to stay on the list for one-quarter. However, there's nothing stopping equities making another appearance on next quarter's list.
The eight buys are The Walt Disney Co., Extra...

