Wednesday, May 4, 2011

Forcasting Tool

Mr. Sam came across a tool at which provides information from a number of  analysts (varies from stock to stock) as to the forecasted stock price information over a 12 month period.  Seems like a handy tool, but whether it is helpful will require some analysis of our own. 

For example, I own 275 shares of Citigroup (symbol:  C), this forcasting tool tells me that over the next 12 months the high forecast on price is $6.50, the median $5.63, and the low $4.00.  So, I'm going to watch Citigroup over the next few months and compare to this tool. 

1 comment:

Anonymous said...

Thanks for pointing out the tool. I have found it handy already to see how my different stocks and mutual funds correlate with each other to how diversified I am.