Can you trust Wall Street's picks? (broker, fund, credit, investment)

[BestintheWest]

Just like a roll of the dice.

Can you trust Wall Street's picks? - Wall Street analysis - MSN Money

[Ron.]

Whether or not you can trust them is a personal choice.

But buying stocks should be looked at as if you're buying a business not a piece of paper.

Most "wanna be" active investors can do much better than pro fund managers and so called "experts" with time, education and diligence.

[CouponJack]

Originally Posted by Ron.

Most "wanna be" active investors can do much better than pro fund managers and so called "experts" with time, education and diligence.

Yeah sure..... just look at all the experts on here and how well they do......

No one has a clear crystal ball.

[user_id]

Originally Posted by CouponJack

No one has a clear crystal ball.

You don't need a "clear crystal ball" to profit in the markets....

[yellow4yield]

What are they analyzing? The stock or the people who might buy or sell that stock?

Seems to me a stock will go up/down depending on what the investors choose to do. So perhaps they should be analyzing people instead of the stock?

For example Intel announces record profits, and Ireland announces budget problems on the same day. Intel stock goes down. People are selling Intel stock because of Ireland instead of buying Intel stock because of higher profits.

Seems to me these people could use a bit of analyzing!

So now we have the downgrading of credit of certain European nations. What will that do to Intel stock on Monday? (I have not the slightest clue!)

And if you ask me, none of this has anything to do with how Intel is doing as a company...

[Jason28]

If anything, use analysts reports as a contrarian indicator to do the opposite. If analysts say "BUY, BUY!!", you should consider selling or hedging. Remember that analysts work for banks and investment firms. They absolutely do not have the individual investor's best interests in mind when recommending what to do. This goes doubly for Jim Cramer. I've seen a video where he explains how they get "dumb money" to come in and buy stock that his friends are selling en masse.

[KayAnn246]

Originally Posted by Jason28

If anything, use analysts reports as a contrarian indicator to do the opposite. If analysts say "BUY, BUY!!", you should consider selling or hedging. Remember that analysts work for banks and investment firms. They absolutely do not have the individual investor's best interests in mind when recommending what to do. This goes doubly for Jim Cramer. I've seen a video where he explains how they get "dumb money" to come in and buy stock that his friends are selling en masse.

You took the words right out of my mouth! This goes especially for CNBC!

[Troof]

Of course not.

[Synergy1]

No not ever.....I do my own investigating and investing while my brother is a stock broker and investment advisor and the VP of his firm...

Do the time searching your proposed investments yourself but understand what to look for before you invest.

[TechRider]

8 out of 10 times just doing the opposite of what they "advise" will profit small investors