Releasing its weekly update on the most and least crowed trades of the week ended Oct. 13, UBS identified AFLAC Incorporated (NYSE: AFL) as the most overweight and Apple Inc. (NASDAQ: AAPL) as the most underweight.
Data on both the most and least crowded are pertinent, as the former helps investors remain cautious on overbought stocks that are ready to burst at the seams. The latter can be used to identify promising underappreciated opportunities.
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According to UBS's Shanle Wu, the list includes stocks that are most overweight and underweight by global active fund managers across different regions and countries, including global, major developed markets such as U.S., Europe, Japan and Australia, global emerging markets, and Asia ex-Japan region and the ten major markets in the region.
The Most Crowded Trades
- Alibaba Group Holding Ltd (NYSE: BABA).
- Microsoft Corporation (NASDAQ: MSFT).
- UnitedHealth Group Inc (NYSE: UNH).
- Visa Inc (NYSE: V).
- Broadcom Ltd (NASDAQ: AVGO).
- Priceline Group Inc (NASDAQ: PCLN).
- Alphabet Inc (NASDAQ: GOOG).
- Texas Instruments Incorporated (NASDAQ: TXN).
- Mastercard Inc (NYSE: MA).
The Least Crowded Trades
- Apple Inc. (NASDAQ: AAPL).
- Exxon Mobil Corporation (NYSE: XOM).
- Johnson & Johnson (NYSE: JNJ).
- Berkshire Hathaway Inc. (NYSE: BRK-B).
- Procter & Gamble Co (NYSE: PG).
- AT&T Inc. (NYSE: T).
- Toyota Motor Corp (TYO: 7203).
- General Electric Company (NYSE: GE).
- HSBC Holdings plc (ADR) (NYSE: HSBC).
- Commonwealth Bank of Australia (ASX: CBA).
Latest Ratings for AAPL
|Oct 2017||KeyBanc||Upgrades||Sector Weight||Overweight|
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