if you look at the studies that have been done, on the accuracy of analyst reports with regards to price targets, it's no better than just guess work. The only useful stuff is hard data. Analyst reports just rely on other guesses, what the price of this commodity will be in 1 year, what interest rates will be at, etc. It's just a guessing game and more often than not, they get it wrong.
analysts lol...all you guys are good for is putting bottoms and tops in markets, by getting too optimistic and too pessimistic. This applies to estimates for stocks, economic data, etc.
@prodigee411 i agree..but its the nature of the job. analysts cant stay idle on any stock because the trading and sales desk needs the commish. so stories of companies that analysts believes can be made into a trading opportunity would be pushed to the front
if you look at the studies that have been done, on the accuracy of analyst reports with regards to price targets, it's no better than just guess work. The only useful stuff is hard data. Analyst reports just rely on other guesses, what the price of this commodity will be in 1 year, what interest rates will be at, etc. It's just a guessing game and more often than not, they get it wrong.
cantroos 1 year ago
btw this guy has left UBS
dadada75 2 years ago
This has been flagged as spam show
professional solutions for institutional and privat traders are on
trading-pc (.) com
TRADINGSUPPORT 2 years ago
Banks that are the safest currently RBC (royal Bank Of Canada) and JPM (JP Morgan)
tsxplayers 3 years ago
analysts lol...all you guys are good for is putting bottoms and tops in markets, by getting too optimistic and too pessimistic. This applies to estimates for stocks, economic data, etc.
prodigee411 3 years ago
hey, i need your opinion, Mr. stock guy. What firm has best looking assess? I think its morgan stanley. what do you think?
JSan898123 3 years ago
@JSan898123 oh yeaaaah
dadada75 2 years ago
@prodigee411 i agree..but its the nature of the job. analysts cant stay idle on any stock because the trading and sales desk needs the commish. so stories of companies that analysts believes can be made into a trading opportunity would be pushed to the front
dadada75 2 years ago