Bank of America says stick with value stocks, especially these neglected names

Ford Motor Co. displays a new 2021 Ford F-150 pickup truck at the Rouge Complex in Dearborn, Michigan, Sept. 17, 2020.
Rebecca Cook | Reuters

The recent rotation into value has caused some long-dormant stocks and sectors to wake up, but not every value play is getting enough attention, according to Bank of America.

Cyclical sectors, such as energy stocks, are having one of their best stretches in years, and value fund managers are seeing major returns. However, the firm said in a note that investors may want to look at stocks that haven't seen a surge of interest.