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BANK OF AMERICA: These 11 expansion bonds are overowned and expensive

Jeff Bezos Sad Amazon CEO Jeff BezosGetty / David Ryder

Bank of America Merril Lynch expelled a list of what its equity and quant plan analysts view to be a many “overowned costly expansion stocks.”

The list is a partial of a new news on equity strategies.

According to BAML, a “overowned” list includes companies that accommodate a following criteria:

“1) high projected long-term expansion (top decile of a SP 500 by accord LTG),

2) costly on gratefulness (top quintile of SP 500 formed on normal arrange of brazen P/E, EV/Sales and P/B),

3) overweight by vast top active supports (as of a latest land data), and

4) disastrous 3-month accord 2017 EPS revisions.”

The list ranges from tech giants like Alphabet and Facebook to diversion developer Activision. Check out a list of 11 bonds below:

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