Stock pickers are ignoring these 8 stocks
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Bank of America Merril Lynch released its latest equity and quant strategy analysts' list of the most neglected stocks held by active managers. The list is part of a new report on active-manager holdings.
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According to BAML, the list includes companies that meet the following criteria: "Stock is 0.2x or less than its weight in the S&P 500 in the fund manager composite, and less than 2% of funds in the sample hold the stock."
The list includes retailers such as Tiffany's & Co, as well as financial companies like Cincinnati Financial and People's United Financial.
Check out the list of eight stocks below:
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