12-22-2021, 08:38 AM
I guardedly believe analysts up to 12 months out. For individual companies/stocks. What the overall market does or might do has little impact on my investing.
It's the reason I disregard anything someone posts where they use the expected 5-yr PEG ratio in their buying decisions. Beyond a year out - 2 for very well established companies - analyst projections are no better than a coin flip and there are published research studies that show this.
It's the reason I disregard anything someone posts where they use the expected 5-yr PEG ratio in their buying decisions. Beyond a year out - 2 for very well established companies - analyst projections are no better than a coin flip and there are published research studies that show this.