Take Analyst Forecasts With A Grain Of Salt, Especially On Amazon

Hadi Aboukhater’s latest blog post

By Hersh Shefrin, Contributor Investors need to take analysts’ opinions with a grain of salt. Analysts are prone to use flawed methodologies, suffer from conflicts of interest, and make systematic mistakes. There are plenty of examples of analysts getting it wrong. Take the recent case of Amazon. On Thursday, October 23, 2014 Amazon announced its [...] …read more

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