Q: please define a "big uglies"
Category: glossary , Asked by: E. G. From France
A: the "big uglies " is Old industrial companies in gritty industries (such as mining, steel and oil) and as a result, they tend to be unpopular stocks with investors. While big uglies are not as sexy as tech stocks, they do provide solid long-term earnings, growth and dividends. They are often overlooked by investors seeking fast profits, but not by value investors looking for bargain-priced stocks with a low price-to-earnings ratio. On the other hand, when markets tumble, the bulletproof earnings of the big uglies attract investors of all types. Visit Saxo Bank