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Oracle Corporation Message Board

  • donnapinkwater donnapinkwater Jan 11, 2013 4:04 PM Flag

    avenport Upgrades to Buy - a few words before you run and buy the stock.

    I opened the recommendation and had TipRanks installed.. here is the data that popped on my screen:
    1) the Analyst behind the upgrade is Drake Johnstone of Davenport & Co
    2) his average return on each Buy/Sell rating since 2009 is -10.7% (under the S&P500)
    3) his success rate is 38% (only 3 out of 8 recommendations actually outperformed the market)

    So i wouldnt take what he says very far and put my money on it.

    Sentiment: Hold

 
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