Shares-buy or sell .US.

Discussion in 'Stocks & Derivatives' started by Peter, Sep 7, 2011.

  1. Peter

    Peter Well-Known Member

    Joined:
    Jul 28, 2009
    Messages:
    2,634
    Likes Received:
    119
    Trophy Points:
    63
    Location:
    sydney
    By Robert Powell, MarketWatch

    BOSTON (MarketWatch) Sometimes you just gotta love Wall Street for calling a spade anything but a spade.

    Consider, at a place and time such as this, with the economy teetering on the verge of another recession, none of the 1,485 stocks that make up the S&P 1,500 has a consensus "Sell" rating. And just five, or 0.3%, are ranked as being a "Weak Hold."

    And what's just as bad is that sell-side analysts seemingly don't have a strong opinion on what's worth buying either, according to an analysis just published by Sam Stovall, the chief investment strategist of Standard & Poor's Equity Research.

    Just 79 (or 5%) of the 1485 stocks have consensus "Buy" recommendations, while 1,003 (68%) are ranked "Buy/Hold," 398 (27%) are ranked "Hold."
    To be fair, Stovall noted that some analysts do have "Sell" recommendations on individual issues but that's not enough (from my vantage point) to suggest that Wall Street research analysts should be viewed with anything but skepticism bordering on cynicism.


    http://www.marketwatch.com/story/th...-say-sell-2011-09-07?link=MW_home_latest_news
     
  2. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

    Joined:
    Feb 26, 2010
    Messages:
    8,809
    Likes Received:
    72
    Trophy Points:
    48
    Location:
    Gone Fishin'

Share This Page