Netflix Shows How Analyst Recommendations Are Often Worthless – RealMoney – TheStreet

netflix-shows-how-analyst-recommendations-are-often-worthless-–-realmoney-–-thestreet

Counting on analysts to warn you to take profits at the top, or load up when valuations are low, is a fool’s game. By PAUL PRICE Apr 26, 2022 | 07:00 AM EDT Stocks quotes in this article: NFLX The recent plunge in Netflix (NFLX) shares, followed by a brand new full-page Value Line report, got me curiousI wanted to know what they’d been telling traders to do with it over the last yearWas their advice helpful, harmful or something in between? In the trailing 12 months NFLX shares ranged from $204.58 to $700.99, but mostly in reverse order… There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert. Already a subscriber? Please Login
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