Accuracy of stock recommendations

d101 said:

On Comsec for some stocks it has a "consensus recommendation" as to whether a stock should be sold/bought.

I was wondering whether the accuracy of this had ever been assessed in that if the recommendations were followed would they beat the market over the medium to long term (I suspect in the short term they may be self-fulfilling prophecies if enough people listened to them)?

Click to expand...

d101 said:

On Comsec for some stocks it has a "consensus recommendation" as to whether a stock should be sold/bought.

I was wondering whether the accuracy of this had ever been assessed in that if the recommendations were followed would they beat the market over the medium to long term (I suspect in the short term they may be self-fulfilling prophecies if enough people listened to them)?

Click to expand...

d101 said:

On Comsec for some stocks it has a "consensus recommendation" as to whether a stock should be sold/bought.

I was wondering whether the accuracy of this had ever been assessed in that if the recommendations were followed would they beat the market over the medium to long term (I suspect in the short term they may be self-fulfilling prophecies if enough people listened to them)?

Click to expand...