Buy high and keep buying? Analysts bullish on already hot stocks
Posted: Mon Mar 26, 2018 9:24 pm
CNN Money - 3/26/2018 - Paul R. La Monica - Of the more than 11,000 analyst ratings on S&P 500 stocks, 52% are "buy" ratings, according to FactSet. Only 5% are "sell" ratings and the remaining 43% are "hold" recommendations. Analysts are growing more optimistic at a time when market volatility has returned with a vengeance. The number of buy ratings on S&P 500 companies has increased by 5% since the end of 2017, according to FactSet. At thme time, the number of hold calls on the S&P 500 members has decreased by 6% and the number of sell ratings has fallen by 7%. Read more @ http://money.cnn.com/2018/03/26/investi ... ?iid=SF_LN