We contrarians profit on analyst dislike.
Note that I did not say like. Dislike is where the dividend money is at!
Analyst ratings are a wonderful buy signal. Vanilla investors purchase payers that are widely liked—and wonder why every downgrade dents their pocketbook.
We don’t care about popularity. Heck, we prefer stocks that are far from being in analyst good graces.
Give us the disgraces. And we’ll collect our dividends while we sit back and wait for the analyst upgrades to follow.
It’s not easy to find the “uncool kids” on Wall Street. The school of S&P 500 is a joke.… Read more