On April 8, 2022, from Danny Rain DDS, Sudbury, ON, Canada
NVAX and BAC are rated as buys by analysts. Both “INDIVIDUAL” stocks are down a fair bit. I know that you don’t advise stock picks other than in the “fun” portfolio but would you add to your position on these?
Monday Morning Millionaire Program Answer:
History shows that picking stocks does not get the results that index investing does. We wrote about that recently.
… there are only two ways to beat the market . One is to dollar-cost average it and the other is to ignore one or more of the six habits about which we frequently write. One of these is picking individual stocks correctly. The latter is reliable only with hindsight!
Of 7 analysts, 2 consider NVAX a hold and 5 consider it a buy. Of 19 analysts, 6 consider BAC a hold and 13 consider it a buy.
So, what to do?YOU NEED TO LOGIN TO VIEW THE REST OF THE CONTENT OR LEAVE A COMMENT. Please Login. Not a Member? You can now sign up for $12 for a one-year membership. Join Us