Day traders take note: ‘Slow’ stock analysts are better at their jobs
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Analysts who updated a stock’s recommendation less frequently saw their portfolios outperform others by 5 to 10%, according to new research.
It’s often said that timing is everything when it comes to the market, but new research from the University of Toronto’s Rotman School of Management shows that, when it comes to stock market analysts, those who are “slow” see their portfolios outperform the “fast” analysts by 5-10%.