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FUNDSTRAT: 13 contrarian stocks to buy

Prashanth Perumal   

FUNDSTRAT: 13 contrarian stocks to buy

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 10, 2016.  REUTERS/Brendan McDermid

Thomson Reuters

Traders work on the floor of the NYSE

Fundstrat Global Advisors released a list of 23 contrarian stock ideas that analysts don't like right now.

"Being 'contrarian' is arguably the best strategy as inflation expectations rise," said the report authored by Thomas J. Lee and released on Friday.

Fundstrat picked stocks with a market cap of at least $1.5 billion from among industrials, materials, energy and financials. The stocks were "among less liked stocks on the sell side (first call mean rating <4.33) and the buy side (short interest >2% of float)."

We present the 13 stocks from Fundstrat's list that, according to analysts, have the most downside.

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