
Of Course This Means War(ner Bros.)!
Eh what's up doc? It's me Bugs Bunny reporting live from my rabbit hole… uh I mean the financial markets! Seems like things have been hopping lately with stocks jumping higher than Yosemite Sam's temper. This Bank of America see they've been digging around and found some overlooked stocks that are ready to make a 'wabbit's' worth of dough. And you know what I always say "I knew I shoulda taken that left toin at Albukoikee!"... or maybe this time I shoulda taken that right!
Underdog Stocks: Not So Dumb Bunnies After All?
Now these stocks they're like the underdogs of the market. Nobody's paying them much mind but Bank of America says they've got the 'triple momentum rank' going for them. It's like they've got a carrot stick attached to a rocket! They looked for the stocks with low fund ownership but overweight allocation compared to benchmark. Plus strong performance in earnings price and news. So investors gotta be like me and keep one eye on the crowded trades and one eye on the under owned stocks. You know what I always say "Ain't I a stinker?"
Charter Communications: That's Cable Folks!
First up we got Charter Communications. This company with its Spectrum services is sitting pretty with low fund ownership and a high 'triple momentum rank'. Shares of it are already jumping higher than I can jump over Elmer Fudd. That's right. Charter is merging with Cox Communications in a $21.9 billion deal so this underdog is about to transform into a Alpha dog. It's like I always say "Gee ain't I smart?"
Howmet Aerospace: Taking Flight!
Next we got Howmet Aerospace. They make parts for planes built by Boeing and they've been on a real tear lately. Seems like everybody wants to fly these days and Howmet's soaring higher than ever. Their growth in defense and commercial aerospace markets has been the key to their success. But even with all this success Bank of America's saying funds don't own much of this stock.
Toast: Serving Up Profits!
And last but not least we got Toast. Nope not the breakfast kind but a restaurant focused tech company. Seems like folks are hungry for some tasty investments because Toast has been rallying as well. Once again even though they have positive momentum funds don't really own much of this stock.
That's All Folks! (Or Is It?)
So there you have it folks! Three overlooked stocks ready to jump higher than a jackrabbit on a pogo stick! But remember I'm just a bunny not a financial advisor. Do your own homework before you start throwing your carrots around. But hey what do I know? "Of course you realize this means war!"
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