No. of Recommendations: 0
"Lex has hypothesised that it would be better to invest in companies the very mention of which can leave news editors dozing peacefully in their swivel chairs."
Jim, a similar thought popped into my mind recently - could there be an advantage investing in stocks of larger companies that, for whatever reason, have no/little analyst coverage.
The thought being, those less under the microscope and less widely tracked/studied may be largely ignored and could represent some hidden gems.
It's been many years, but I feel like I vaguely recall either ValueLine or SIPRO fields that track number of analysts covering.
Has anyone done backtesting on stocks having zero analyst coverage as the universe?