Adjective
Insufficiently covered (against risk).
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More examples (1)
If you are looking for a way to invest in undercovered stocks, Ms. Twitchell noted that an exchange traded fund opened last September, the Claymore/Sabrient Stealth E.T.F., “which provides exposure to an index of 150 stocks covered by two or fewer analysts.”
Having too little coverage.
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To go outside the unusual, to report the uncovered or undercovered, reporters have to find new listening posts.