Every year, when it comes to this time of the year, there will be some stock analysts giving their takes or predictions of the stocks which they would recommend for the coming year. Most of these analyst reports will also be published in January of the coming year. As always, I read these analyst reports with an “open mind”, I would just want to understand their rationale behind their recommendation while believing more of my analysis when it comes to decisions that involve my hard-earned monies.
I just did some reading of the posts which I have published for the year. In January of this year, I have blogged about the recommended stocks by a stock analyst as well as their target prices; you can read about the blog post here. I am curious as to how accurate these analysts’ recommendations are and hence I compared the closing price of ......