These are the most overweighted and underweighted stocks by socially conscious funds, according to Bernstein

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

The firm compiled the most overweight and underweight stocks in North American ESG funds.

A handful of the most well-known technology stocks are being somewhat ignored by socially conscious funds, according to Bernstein. Big technology names including Apple , Amazon , Meta , Microsoft and Alphabet were among the most underweighted stocks by North American funds that consider environmental, social and corporate governance factors when screening investment ideas.

Here are the 10 most underweighted stocks by North American funds: On the flip side, a wide swath of stocks accounted for the most held, relatively. Danaher was the most overweight stock at 0.5%. Shares are down this year, but they made up some ground in summer. Recently, the medtech company beat analysts' expectations on the top and bottom lines, according to FactSet.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

North Texas woman says moving company is 'holding her belongings hostage'A North Texas woman filed multiple reports with law enforcement against the moving company she used to relocate from California. She still doesn't have her furniture after they picked it up in mid-June.
Source: FOX4 - 🏆 289. / 63 Read more »