Stock pickers are neglecting 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.
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The list is part of a new report on active manager holdings that the bank sent to clients on Friday.
According to BAML, the "neglected" 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 ranges from media companies like News Corporation to financial companies like Cincinnati Financial and People's United Financial.
Check out the list of eight stocks below:
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