• Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint

Dartboard

One very public way that analysts make stock recommendations is in the WSJ “Dartboard” column. The column has run monthly since October 1988. Each month, the stock picks of four analysts (the “pros”) are published along with four stocks picked at random by throwing darts (the “darts”). Six months later, the performance of the pros' picks and the darts are reported along with the return for the Dow Jones Industrial Average (DJIA). More recently, the WSJ has added four “readers” stocks that are picked from email suggestions by the paper's readers.

For example, in the February 15, 2001, issue of the WSJ, the “Dartboard” presented the picks of four analysts.[6] The analysts and their picks were Joseph Battipaglia (buy LSI Logic), John Keegan (buy Oracle), Lanny Thorndike (buy Hartford Financial), and Jeanie Wyatt (buy Scientific-Atlanta). Do the analysts know something we don't? Do their stock picks outperform the market? If I buy their picks, will I beat the market?


PREVIEW

                                                                          

Not a subscriber?

Start A Free Trial


  
  • Creative Edge
  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint