Dig In To The Dow For 20% To 30% Potential Return
During last year’s market drop and mega-fears (concerns about the global economy, European/Greek debt, Asian growth and our financial system), analysts correctly forecast company earnings growth would stay on pace. They were right, and the good company results pulled the stock market out of its slump and produced significantly good returns.
So how about this year? Those same fears are back, with many investors and pundits worried that this time the dark visions will come true. The stock market has reacted similarly. The question, then, is what about the security analysts? Do they now see reduced or negative economic growth amid increased uncertainties?
The answer can be seen by examining this summer’s changes to their earnings forecasts…
Article posted on SeekingAlpha.com
