This work offers a summary of the book «AHEAD OF THE MARKET: The Zack's Method for Spotting Stocks Early – In Any Economy» by Mitch Zacks.
Many investors rely on annual analyst reports, which are designed to advise which stocks to buy/ sell or hold. However, despite the fact that over $1billion a year is put towards these reports, Zacks sides with many other investors in thinking that a lot of the content is corrupt and biased in favour of the companies that fund them. This guide suggests that rather than following one report; you should combine the research compiled by a larger sample of analysts. This will teach you to identify certain patterns in what the analysts say, and how their views change over time. You will then be better informed and be able to develop a better method for making smart investments. To this end, Zacks offers four key analyst investment strategies to follow.
This practical summary of Ahead Of The Market is a great crash course in how to spot winning stocks, and steer clear of untrustworthy analyst reports. It's the perfect guide if you want to outsmart Wall street pros and become a savvy investor, fast!