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Stock pickers are piling into these 8 stocks

Raul HernandezOct 3, 2017, 15:36 IST

People cool off at a swimming pool in Daying county, Sichuan Province, ChinaReuters/China Daily

Bank of America Merril Lynch released its lastest equity and quant strategy analysts' list of the most overowned stocks held by active managers.

The list is part of a new report on active manager holdings. According to BAML, the "overowned" list includes companies that meet the following criteria:

"Stock is 1.5x or more than its weight in the S&P 500 in the fund manager composite, and more than 35% of funds in the sample hold the stock."

The list ranges from credit card companies like Visa and Mastercard to tech giants like Amazon and Alphabet.

Check out the list of eight stocks below: