"The screens are quantitatively generated and are based on our proprietary BofA vs. Consensus Earnings Surprise Model plus three additional screening criteria," BofA's equity and quant teams wrote in a note. "The universe we use is the$S&P 500 Index (.SPX.US)$."
"As their names imply, the Growth 10 screen includes the ten highest ranking growth stocks according to our screening methodology, while the Value 10 screen includes the ten highest ranking value stocks according to our screening methodology."