Wall Street Hates These 7 High Yields. Should You?Brett Owens, Chief Investment Strategist
Updated: March 10, 2023
Most vanilla investors like to buy stocks that are well-liked by Wall Street analysts.
This strategy, my contrarian friend, we know is a recipe for disaster.
Why? Well, firms that are already popular with stock jocks have nowhere to go but down. Discarded names, on the other hand, are where the action is because these are the next “analyst upgrade” candidates.
These prices have little downside and lots of upside!
It is difficult to find these out-of-favor plays because most analysts wear rose-colored glasses. They know how their bread gets buttered, and that’s with a bullish outlook.
Which is why a Sell rating is so darned interesting to us.… Read more