Fading the Analysts

The WSJ had a piece recently on how stocks with the highest proportion of “Sell” ratings outperform stocks with the highest proportion of “Buy” ratings. Good contrarian fun — and the sort of thing portfolio managers used to gleefully throw at me back in my analyst days:

[Update] A few folks have pointed out that Mark Hulbert has a good rebuttal here.

Related posts:

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  2. Yes, We Have No Small-Cap Equity Analysts
  3. Move along — no scandal here
  4. More Gmail Accounts
  5. Newsflash: “Internet boom is under way”


  1. Tremont says:

    Well, they’re not all that bad…at least not according to Mark Hulbert’s rebuttal. http://tinyurl.com/auc48