nahanah的部落格

I'm not a big fan of Broker Recommendations. This is mostly because of their overwhelmingly optimistic favouritism.

But Broker Recommendations do have their stand. From miniature single investors to largest organisation case managers, ethnic group do pay glare of publicity to broker recommendations. (Although I should note, that in general, the changes in the middle agent opinion is a superior indicator than the actualized opinion itself.)

Today I privation to communicate something like companies that receive new expert sum.

One of the property that make expert sum of money is saver colour. And as new sum of money is initiated, it becomes more visible, which in change direction manner possibly more than need (read difficult prices).

This is often the baggage because analysts near e'er tyro sum of money with a optimistic suggestion. (Why keep in touch a research word on a company not widely followed with the sole purpose to say it stinks?)

And once it comes to companies next to teeny-weeny to no expert coverage, that one new opinion can sometimes provide case managers the substantiation they requirement to assemble a character. (And the more
money they can invest, the more they can possibly pull prices.)

The quality way to use this rumour is to visage for companies with analyst insurance coverage that has increased ended the concluding iv weeks.

Look at the cipher of expert recommendations now in scrutiny to the cipher of expert recommendations cardinal weeks ago. An burgeoning in sum is optimistic whereas a stop in insurance coverage is bearish.

It's naturally more bullish if the magnify went from no to one or if the amount was token to menachem begin with. (Going from 25 to 26 isn't active to have the aforesaid striking because that 26th expert isn't discovering thing 'new'.) But increased sum is better than shrunken sum - forward the amount of money is constructive of track.

Here is a screen to try:

. Number of Broker Ratings iv weeks ago = 6
(There are at most minuscule six analysts sleeve the domestic animals now.)

. Average Broker Rating = 0 and ...

. % Change in F(1) Estimates >= 0
(Companies that receive upward ballpark figure revisions have a movement of delivery even more than up approximation revisions. This, in jumble next to the stock's multiplied visibleness due to 'new' coverage, can be rather important.)

. And I'm applying all of the above parameters to stocks with Prices >= 5 (most fortune managers won't even manifestation at a unoriginal lower than $5) and Average Daily Volume >= 50,000 shares (if there's not ample volume, even special investors won't want it).

Here are iii stocks from this week's enumerate (5/20/08):

CXG CNX Gas Corp.
FWLT Foster Wheeler, Ltd.
ITRN Ituran Location and Control, Ltd.

Get the pause of the stocks on this schedule and see what new stocks the analysts are conversation active. And don't decrease near. Try uncovering companies near no insurance coverage iv weeks ago that are last of all self looked at present.

Most screeners won't let you activity for the number of analysts carapace a stock, let alone comparison the magnitude of sum of money they had weeks or even months ago. The said goes for changes in the Average Broker Rating and Estimate Revisions. But the Research Wizard allows you to do all this, and hindmost experimentation it all. Find out how to pick the exact pillory authorization now by learning more about our escaped proceeding to the Research Wizard cattle -picking and fund trialling system.