| Big
Uglies |
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Used to describe the old industrial companies in unglamorous industries
like mining, steel, oil and others. They might not sizzle like tech
stocks but they provide solid long term earnings growth.
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Big
uglies are often overlooked by investors looking for fast profits
with growth and tech stocks. Instead value investors seeking bargain-priced
stocks with a low P/E ratio scoop them up. Investors often flock to
big uglies when the markets tumble because of their bulletproof earnings.
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Dictionary
