Analysts Can’t be Right All the Time
Oct. 28, 2024 | RedChip Companies
Most investors don’t realize that Wall Street analysts are wrong more than they are right. At the big investment banks, we find analysts putting “Buy” ratings on stocks after their institutional desks have built their positions, giving the ball to the retail brokers to put their clients in as the institutions are profiting from the rise in the stock. Best to get in a stock before the traditional Wall Street analyst discovers it. Find stocks that the pack is not thinking about, but that have strong management, upward revenue and earnings trends, and large market opportunities.
