Hated Stocks Unlock Market as Analysts No Guide to Gains
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Nobody saw it coming.
To pick a winning stock at the start of March, you had to find a company that was hated by analysts, adored by short sellers, avoided by institutional buyers and averse to doing just about anything but pay dividends. Shares with those characteristics have generated returns of as much as 5.8 percent even as the Standard & Poor’s 500 Index stood still, data compiled by Bespoke Investment Group LLC and Bloomberg show.