Context: After reviewing the 19 stocks with single letter symbols ( 7 are currently unused ) , Putnam offers six that he says , have been " beaten down pretty badly and now look particularly appealing . " ' " Agilent Technologies ( NYSE : A ) , which makes electronic and bio - analytic measuring devices , was spun out of Hewlett - Packard in 1999 . Revenues surged in 2000 as did the stock price , reaching a lofty 162 .

Question: Why were the stocks beaten down pretty badly ?
Options:
0. Because Putnam reviewed 19 stocks .
1. Because revenues surged in 2000 .
2. Because 19 stocks have single letter symbols .
3. None of the above choices .
Answer: 3