What is more important, what a financial analyst thinks or what the population says?
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For example, if I am looking to invest in stock XYZ: A financial analyst (on TV) says to buy the stock, but I ask 10 investors, and 8 of them (with evidence) disagree and say I shouldn't buy that stock.
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Answer:
never buy a stock based only on an analyst work , they can only give you possibilities and most times these guys will sink your investments down to nothing . lots of times these guys who come on tv and talk up a stock will come back on tv later and say well i made a mistake and sold the stock a few days after i recommended it . lots of lying going on on tv about stocks .
jon at Yahoo! Answers Visit the source
Other answers
Anyone on TV has an agenda. Popular consensus is great, but remember that the public is usually wrong. one strategy you may want to use is get a public consensus, and then go against what the majority says. Find out more at http://stockmarkettrendsx.com
Funny...you don't give us the ticker...XYZ is not a valid ticker. As a result we cannot tell you if the analyst or 10 of your friends are correct. How can we judge....the analyst might be totally correct while your investor friends may know nothing about analyzing a stock and be wrong. (With evidence)....What Evidence???? Just trolling are you ..... hahahaha
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