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VALUE INSIGHT

Picking up discarded index stocks pays handsomely

Investors could consider under-the-radar counters that come with a low price and sufficient margin of safety

STOCK index builders periodically review the constituents of the various indices they maintain. The decisions are made among other things to ensure that the index continues to represent the market. Other times, additions and deletions are necessitated by mergers, acquisitions or delistings.

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