Hedge Funds Hate These 5 Stocks -- but Should You?

Tickers in this article: AAPL ABC GE MSFT WFC






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I guess it's not a huge surprise that Apple (AAPL) tops hedge funds' hate list -- everybody hates this stock right now . Shares of the $439 billion tech behemoth have fallen by around 25% in the last six months, dropping like a rock while the rest of the S&P 500 actually climbed 8%.

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The selling was enough to scare hedge funds away from shares; funds unloaded 1.27 million shares of Apple last quarter, dropping their combined stake in the stock by $1.5 billion.

Apple has been getting a lot of attention -- and rightfully so. As the biggest publicly traded company in the world, Apple's fall is a big deal. But I've said before that this is a case of a stock price that's diverged considerably from this company's value. If Apple were a tenth of its size, it wouldn't be under the same pressures. Now, though, its $439 billion market cap and $467 per share price tag look scary for investors; the bigger they are, the harder they fall, right?