Detail Professional Stock Analysts’ Recommendations : Implications for Individual Investors   Oleh:  Walker, M. Mark ; Hatfield, Gay B. Jenis: Article from Bulletin/Magazine Dalam koleksi: FINANCIAL SERVICES REVIEW vol. 5 no. 1 (1996), page 13-30. Topik: stock; professional stock analysts; individual investors Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: FF18 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel Conclusions regarding analyst performance often depend on the evaluation technique employed. Using a wide variety of techniques, we find that although there is some evidence that analysts do have the ability to identify undervalued and overvalued securities, individual investors generally experience inferior portfolio performance by following analyst recommendations published in the “Market Highlights” section of USA Today (even before transaction costs are included). As a result, individual investors should view studies that purport to show superior performance with skepticism. This statement is particularly true when the assertions are based on stock index comparisons. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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