BANK OF AMERICA: Here are 23 of our favorite stocks

To gain that edge, Bank of America Merrill Lynch hired a team of research analysts, like a lot of investment banks do. These analysts scrub through earnings reports, keep up on the news, talk to company executives and more to try and predict which stocks are going up, and which are not worth your time.

Unless you are a hedge fund or investment bank, you probably don't have the money required to hire a big team of analysts to do research for you. Luckily, BAML's team is here to help.

The investment bank keeps a list of stocks called the US 1 list. The list is made up of the best investment ideas BAML has right now, all aimed at generating returns over the long run.

The US 1 list was updated Tuesday to include one new stock while kicking out an old stock. The 23 stocks that follow represent what can only be hundreds of hours of work by the bank's analysts.

The most recent addition to the US 1 list is at the bottom, along with the stock BAML had to kick off the list. Other than that, the list is in no particular order.

Read below to find out which stocks made the cut ...

Facebook (FB)

Sector: Information Technology

Date added: 02/08/2017

Percent change since added: +14.45%

Hess (HES)

Sector: Energy

Date added: 04/11/2017

Percent change since added: -18.19%

Broadcom (AVGO)

Sector: Information Technology

Date added: 04/18/2017

Percent change since added: +14.40%

American Express (AXP)

Sector: Financials

Date added: 01/17/2017

Percent change since added: +8.74%

Lowes Companies

Sector: Consumer Discretionary

Date added: 08/24/2016

Percent change since added: +1.07%

Thermo Fisher Scientific (TMO)

Sector: Healthcare

Date added: 05/09/2017

Percent change since added: +0.73%

Coca-Cola European Partners

Sector: Consumer Staples

Date added: 05/16/2017

Percent change since added: +2.19%

Crown

Sector: Materials

Date added: 10/18/2016

Percent change since added: +4.45%

Mohawk Industries

Sector: Consumer Discretionary

Date added: 11/15/2016

Percent change since added: +25.10%

United Technologies (UTX)

Sector: Industrials

Date added: 04/04/2017

Percent change since added: +8.45%

Comcast (CMCSA)

Sector: Consumer Discretionary

Date added: 11/22/2016

Percent change since added: +15.66%

Newell Brands

Sector: Consumer Discretionary

Date added: 10/18/2016

Percent change since added: +2.50%

Walmart (WMT)

Sector: Consumer Staples

Date added: 03/14/2017

Percent change since added: +7.47%

PNC Financial Services Group

Sector: Financials

Date added: 10/25/2016

Percent change since added: +30.44%

XL Group (XL)

Sector: Financials

Date added: 11/08/2016

Percent change since added: +22.49%

Salesforce (CRM)

Sector: Information Technology

Date added: 04/04/2017

Percent change since added: +6.20%

Patterson-UTI Energy (PTEN)

Sector: Energy

Date added: 02/27/2017

Percent change since added: -28.94%

Delta Air Lines (DAL)

Sector: Industrials

Date added: 12/06/2016

Percent change since added: +7.83%

Digital Realty Trust (DLR)

Sector: Real Estate

Date added: 09/28/2016

Percent change since added: +24.28%

Signature Bank (SBNY)

Sector: Financials

Date added: 05/24/2017

Percent change since added: -4.18%

Dover (DOV)

Sector: Industrials

Date added: 07/26/2016

Percent change since added: +11.30%

AT&T (T)

Sector: Telecommunication

Date added: 01/24/2017

Percent change since added: -6.66%

Tiffany & Co (TIF)

Sector: Consumer Discretionary

Date added: 06/27/2017

Percent change since added: Newest addition, kicked Burlington Stores (BURL) off the list.

BANK OF AMERICA: Here are 23 of our favorite stocks

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