This round, the bull market is now 1.5 years old. In the primary bull phase solid stocks aka bluechips would have already been pushed up in price. I suspect to fund managers, for next bull phase there is lesser upside in those index stocks compared to laggard pennies which have either not moved much, or had been on retracement past one year.
JAYA is one such laggard compared to other shipping bluechips.
ASTI looks interesting too. Can smell its potentially ripe..
