Ahead Of The Market - The Zacks Method For Spotting Stocks Early In Any Economy

This book is not designed to be a definitive investment guide or to take
the place of advice from a qualified financial planner or other professional.

Given the risk involved in investing of almost any kind, there is
no guarantee that the investment methods suggested in this book will
be profitable. The publisher and the author disclaim liability for any
losses that may be sustained as a result of applying the methods suggested
in this book.

RIGHT NOW, THE MARKETS FACE A CRISIS OF TRUST.The conventional
wisdom is that the people at the top of the U.S. corporate structure are
benefiting themselves while disregarding the interests of their workers
and their shareholders.
For many very good reasons, most of you do not trust your broker,
you likely do not trust the CEOs of corporate America, and if you have
read the newspaper recently you also do not trust the analysts.
After having spent my entire professional career reading and analyzing
brokerage research reports and using the data produced by analysts to
manage portfolios, I can tell you without any shadow of doubt that your
suspicions regarding analysts are absolutely correct. It is a mistake to
take the research produced by analysts at face value.
Brokerage firms collectively pay thousands of stock research analysts
over $1 billion a year to write research reports on stocks. However, if
you had followed the advice of these analysts and purchased the stocks
that were the most highly recommended by them, you would have lost
an incredible 47% over the past two and a half years while those stocks
least recommended by analysts fell only 11% over the same time
period.
This does not mean, though, that you can not use the research produced
by analysts to make money. Despite recent criticisms, analysts
actually provide a wealth of market-moving information that, if interpreted
correctly, can get you ahead of the market. It is simply a matter of
focusing on the information produced by analysts that is important and
profitable while ignoring the information that is misleading and
manipulative.


Download Full PDF

Download