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Apple Inc. Message Board

  • donnapinkwater donnapinkwater Jan 16, 2013 10:33 AM Flag

    Pacific Crest Cuts Rating - not just another Downgrade.

    I ran into Eric Savitz post about this downgrade. i use TipRanks on my browser - and here is what i got on the analyst from Pacific Grade:
    his name is Andy Hargreaves and he has pretty accurate ratings.
    his success rate is 60% (15 out of 25 BUY/SELL outperformed the market since 2009) that is actually pretty good for a sell side analyst, and for a chimp :)

    His average return on each recommendation was +10.6% above the S&P500 since 2009. and he is ranked pretty high (number 113 out of 1700 Analysts).

    So unlike other downgrades he is one of the people i would take seriously.
    If you dont use TipRanks (free last time i checked), and you take analysts rating seriously you are no more than a gambler playing roulette

    Sentiment: Hold

 
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