S&P 500 Index (SP500)Monica L. Correa,
Orbon Alija
BofA analysts published “the most neglected” stocks — or least crowded — within each of the 11 sectors of the S&P 500 (SP500).
To come up with these stocks, analysts looked at the average rank score of relative weight and percentage of funds owned in each sector.
Crowding is when a large number of investors take the same position in a particular stock.
These are the least crowded stocks:
- In communication services (XLC): News Corporation Class B (NWS) – % of Funds owning: 1.5%
- In consumer discretionary (XLY): Ford Motor Co. (F) – % of Funds owning: 3%
- In consumer staples (XLP): Campbell Soup Co. (CPB) – % of Funds owning: 2.1%
- In energy (XLE): Kinder Morgan Inc. Class P (KMI) – % of Funds owning: 3.3%
- In financial services (XLF): Comerica Inc. (CMA) – % of Funds owning: 1.8%
- In health care (XLV): Charles River Laboratories (CRL) – % of Funds owning: 2.1%
- In industrials (XLI): Snap-on Inc. (SNA) – % of Funds owning: 2.7%
- In information technology (XLK): Qorvo Inc. (QRVO) – % of Funds owning: 3%
- In materials (XLB): Amcor Plc (AMCR) – % of Funds owning: 1.8%
- In real estate (XLRE): Realty Income Corp. (O) – % of Funds owning: 1.5%
- In utilities (XLU): Alliant Energy Corp. (LNT) – % of Funds owning: 1.2%
