Great investment strategy for stocks?
Hi Blinders, what an amazing way to tap into the brains 🧠 of this community. I was thinking of a strategy to invest in the stock market. 1- check for stocks that only have “strong buy, buy, hold’ ratings from analysts 2- check the analysts’ 1 year target. 3- if all the price targets (not just the average of the analyst targets) are > current price, buy. (We can factor in inflation if you want) 4- Diversify portfolio. 5- Sit and let it rise! Below is example for Agilent Technologies. Thoughts, is it a great investment strategy? Too many stocks that are cheap lying around and that have decent business model. Blind tax: 160k, yoe 7
Most analysts are snake oil sellers
so smart. Can’t believe no one thought of this. Full proof
Don’t use blind for investing strategy analysis. Realize what you’re doing is gambling since we could be heading into a down or flat market. Only risk what you can afford to lose. Start a real business if work isn’t doing it for you.
The problem with this strategy is you are putting your money where the analyst says. And god knows each and every analyst out there is shit. They are nothing but oxygen thieves working for their lord.
This is how analysts work behind the scenes. 1. Buy random stock 2. Write article about how random stock is a great investment 3. Set high price target in long time window 4. Sell the stock when some suckers fall for the hype created by the analyst
I've held "strong buy" stocks that have declined 75%+. Analyst ratings are fake news and they always adjust them after the fact
All in TSLA or bust.
Analyst ratings keep changing like weather but after the fact. What will you do when stock is already down and the your analyst says sell. Beast way to buy high sell low and lose your money.
Thank you all! It looks like a shitty strategy after-all lol! Will stick to S&P500 and other indexes 💪🏽
Lol NIO was a buy rating too with $100 price targets and it dropped from 65 to 20. Buy VTI and chill.