Stock pickers are neglecting these 8 stocks (TIF, RHI, BF.B, PBCT, CINF, OKE, LEG, SCG) - Foenaija - Home
Stock pickers are neglecting these 8 stocks (TIF, RHI, BF.B, PBCT, CINF, OKE, LEG, SCG)

Stock pickers are neglecting these 8 stocks (TIF, RHI, BF.B, PBCT, CINF, OKE, LEG, SCG)

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FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 16, 2017. REUTERS/Brendan McDermid/File PhotoThomson 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.

8. Tiffany & Co

Markets Insider

Ticker: TIF

Sector: Consumer Discretionary

Price: $94.10

Relative Weight: 0.02

% of Hedge Funds Holding Stock: 1.39

YTD Performance: 21.77%

Click here to read more about the fund...

Source: Bank of America Merrill Lynch



7. Robert Half International

Markets Insider

Ticker: RHI

Sector: Industrials

Price: $52.80

Relative Weight: 0.02

% of Hedge Funds Holding Stock: 2.55

YTD Performance: 3.54%

Click here to read more about the fund...

Source: Bank of America Merrill Lynch



6. Brown-Forman Corp.

Markets Insider

Ticker: BF.B

Sector: Consumer Staples

Price: $55.90

Relative Weight: 0.02

% of Hedge Funds Holding Stock: 2.31

YTD Performance: 24.58%

Click here to read more about the fund...

Source: Bank of America Merrill Lynch




See the rest of the story at Business Insider

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