On yahoo Finance, does the 1 year target estimate for stocks mean the estimate for Dec. 31?
-
How do you know when the 1 year estimate was updated? or when does it update?
-
Answer:
One year targets don't really mean very much :) They are just one analyst's opinion on a stock. Generally they are good for one year when they are issued but can and will be revised in a heart beat. If several independent analysts had rose coloured glasses about a company for one year I might think there was something worth investigating...especially if I was familiar with that analyst's advice was good....but even then I would not trust it for a year...no one can forecast that far ahead accurately. It updates when they feel like it .... there is no particular schedule. PS: an analyst that won't give their name to their forecast is not worth listening to at all.
underexp... at Yahoo! Answers Visit the source
Other answers
The1 year target in Yahoo is actually copied from the S&P 1 year target. It is how much the S&P think this stock will be worth on the last trading day of the year. It's always a hit and miss - I know that it's always a hit on AAPL, but always a miss on all other stocks... Source: I write about stocks at http://fadi.el-eter.com
Octo
If you want to go by that, sign on to your brokerage account and look at the estimates, etc. That is a better source, I still wouldn't go by that, but its better then a general website.
The one year estimate on Yahoo finance is some silly fiction. There are bankrupt companies that have 1 year estimates that look really good. Do not use that for anything.
Related Q & A:
- What would you do if you did not get financial aid even after 1 year of study?Best solution by Yahoo! Answers
- 1-year anniversary present?Best solution by Yahoo! Answers
- How long will hair grow in 1 year?Best solution by Yahoo! Answers
- Why is my Yahoo! Messenger Yahoo! Finance plug-in blank?Best solution by Yahoo! Answers
- Is anyone able to get the Yahoo Finance plug-in in Yahoo Messenger to work?Best solution by answers.yahoo.com
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.