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ARTICLES - Can Investors Profit from the Prophets? Security Analyst Recommendations and Stock Returns
Barber, Brad; Lehavy, Reuven; McNichols, Maureen; … - In: The journal of finance : the journal of the American … 56 (2001) 2, pp. 531-564
Persistent link: https://www.econbiz.de/10006565420
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EQUITY INVESTMENTS - Reassessing the Returns to Analysts' Stock Recommendations - After many years in which analysts' top picks outperformed their pans, 2000-2001 was a disaster.
Barber, Brad; Lehavy, Reuven; McNichols, Maureen; … - In: Financial analysts' journal : FAJ 59 (2003) 2, pp. 88-96
Persistent link: https://www.econbiz.de/10006256662
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Prophets and Losses: Reassessing the Returns to Analysts' Stock Recommendations
Barber, Brad; Lehavy, Reuven; Trueman, Brett; … - Graduate School of Business, Stanford University - 2001
After a string of years in which security analysts' top stock picks significantly outperformed their plans, the year 2000 was a disaster. During that year the stocks least favorably recommended by analysts earned an annualized market-adjusted return of 48.66 percent while the stocks most highly...
Persistent link: https://www.econbiz.de/10005818951