Value in Analysts Earnings Forecasts?
December 25, 2009 • Jason Hines
Today we read in the Financial Times that “Analysts’ earnings forecasts have a negligible effect on a company’s share price, according to new research that will raise further doubts over stock-pickers’ ability to move markets”. While we have many friends who are analysts and certainly respect their work – it’s a pretty interesting point.
Now contrast that with the comment made by one of our blog readers recently
“It’s fun to contemplate the countless possibilities that come from aggregating data/events/etc … creating a “uniquely yours” data stream to shape your own indicators … and not having to wait-for and react-to the same data that everyone else is using (difficult to get ahead of the curve).”
Quite a contrast – would you rather track what everybody else reads or create your own unique insights? See how you can using our news analytics platform.
As always, we welcome your comments below!