Stock pickers are neglecting these 8 stocks
Thomson Reuters
While investors are flocking to the high-flying tech stocks, there are some companies that haven't gotten any attention at all. A list of the most forlorn stocks by equity and quant strategy analysts was compiled by Bank of America Merrill Lynch.
The list is part of a report on active manager holdings. According to BAML, the list contains 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 ranges from jeweler Tiffany & Co. to small banks like Cincinnati Financial.
Check out the list of neglected stocks below:
To see a list of the most overowned stocks, click here.
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