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View Full Version : Many analysts following a stock.


squiffy
04-15-2004, 05:32 PM
In general, I start to get nervous when many analysts, say 20 are following a particular stock that is at a 4-5 year high. It's one thing if it's a high-flyer with room to grow, like a young Starbuck's or a young BBY Best Buy. But with a stock in a cyclical industry, analysts tend to come very late to the party. And they tend to recommend stocks which have already experienced huge run-ups. So I generaly get very worried and bearish if a stock has 20 analysts.

Ray Zee
04-15-2004, 08:54 PM
no stock closely followed will be a good buy. also analyists need to be recognized. so they talk about stocks that have run up. after they go down people forget who pitched it. they just remember the person when it was doing good. its all marketing. if you are in and out of the market alot you wont do well overall.