Four Stocks Most Analysts Love
0.39%April 18 | MyPlanIQ portfolio symbol P_37771
Alex Shek from Benzinga reviews four stocks that most analysts love.
He makes an interesting point that when all analysts point to the same
stock, they take little risk in putting their reputation on the line. If
all of the analysts are positive and it is wrong, then they all move
together. At the same time, a stock loved by almost all of its analysts
also may be an obvious strong buying opportunity.
Here are four stocks analysts love:
Fossil (FOSL): A producer of watches and other fashion accessories
Apache (APA): An independent energy company
Google (GOOG): Is there anybody who doesn't know what Google does?
Apple (AAPL): Is Apple more or less famous than Google
I am a little bit queasy about this selection of stocks. I can
understand that high end product companies can do well in tough times
and energy is always of interest. Google and Apple are the focus of
endless speculation but I think I would want to pick one not both and I
have already said that I prefer ZAGG (ZAGG) to Apple because it produces
accessories for smartphones -- i.e. iPhone and Android which gives
greater diversification. I think that Google has a more sustainable
advantage than Apple but I am sure that plenty will disagree with me.