A study conducted by Czechoslovakian investment firm AKRO Investiční společnost has found that research analyst predictions based on current performance data are more accurate than those made by management teams.…
Tag: analysts predictions
Data Shows Analysts Increasingly in Sync with the Market
Recent data from Citigroup Inc. shows that monetary stimulus has “upended conventional market dynamics” and is facilitating a “re-emergence of an intuitive relationship in equity markets,” according to an article…
Grantham Says '09 Analyst Earnings Estimates Much Too High
Jeremy Grantham, manager of the $100 billion investment firm GMO, believes analysts’ 2009 earnings estimates are “vastly overstated”, writes Forbes James M. Clash. “Grantham says S&P 500 earnings could easily…