Hi Ken - it is not entirely the fault of the analysts collective that the sheep choose to believe in them uncritically. There is analyst and there is the AX. For example, Mr Noel Lindsay, who is no longer in the business, was an great AX. CFBS [Chris something?] has made good calls. If indeed one is to use 1st Call or Zacks average, one gets what one's looking for!
Regarding LU or CSCO, you and I ve our differences, they are great franchises, if I were a momentum person, they would be great investment. I bought BAY, and end up with NT, b/c of my value betting tendency. So, I guess even a clueless person like me can get lucky now and then <VBG>. Mind you, Noel Lindsay did make good calls [positive as well as negative] on BAY.
So, the conclusion? Broad brush can't paint details.
best, Bosco |
