[ultraluminous]

I’m not going to get into the specifics of this particular article, or public analyst reports in general, but FYI Barrons is possibly the worst source of financial information on planet earth. You’d be better served following WSB’s advice than take anything your read there seriously.

[Judgmentality]

Can you provide me with a source where I can better learn about the shortcomings of public analyst reports? I had never even heard of WSB before, so I guess I'm a bit in the dark here.

[scarejunba]

Wall Street Bets /r/wallstreetbets : the #1 argument against the wisdom of the crowds

[notfromhere]

there's an investment thesis to be made to invest in the exact opposite of whats trending on wsb

[ultraluminous]

Sure thing -

https://www.investopedia.com/ask/answers/difference-between-...

https://ftalphaville.ft.com/2018/11/13/1542091438000/How-acc...

These results beg the question of just how much weight we should give analysts' earnings forecasts. It turns out, not much, especially in the long run.

Peter Berezin, the chief global strategist at BCA Research, is out with a new report about stock selection and market timing. In it, he asks the following: "How can we distinguish between hidden gems and fool's gold?" The answer, he determines, is not the thousands of analysts Wall Street has bankrolled to do just that

PS - Just to be perfectly clear, I was definitely joking about WSB. Sister comment is right, WSB is the 4chan of "finance".