Investors are buying individual stocks at a record pace as market-beating bets dwindle to lowest ever

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Bofa Securities,Stock Picking,Institutional Investors

The percentage of S&P 500 stocks that are outperforming the index has fallen to a record low, diving below 25%, according to Apollo Global Management.

More investors are calling their shots and picking out individual stocks to buy as market gains become concentrated in an increasingly narrow range of companies.The $6.1 billion net inflow in the prior week marked the fifth largest in BofA's records. Clients bought both single stocks and exchange-traded funds, but analysts pointed out that the single-stock inflows were the largest in BofA's data history, which goes back to 2008.

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