Screaming Buys Often At Historical Highs
Don't count on the sell-side for your high conviction trades
I began my career as a “sell-side” research analyst for one of the large Wall Street firms. Through that experience, I learned that sell-side research (brokerage house or investment bank) is mostly trend-following and backpedaling.
For example, when the stock price is $100 and rising sharply, the recommendation is often a Buy. A no-brainer. When the stoc…
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