Only if funds are consistently correct. I was watching sky business and the commentator said she actually made most of her money where funds were negative on outlook. She was a fund analyst too. I had 20k ready to be invested in Select Harvert in March when it was around $4. But read 2 fund analyst assessments in early April who concluded to stay away from the stock. Decided against my gut instincts and missed out on over 10k capital growth in 3 months based on its price surge since. I always read analysts' views but their chance of getting right is no better than random bets as there are soooooo many factors in market. I will only read to see what the stock analysts views are in deciding a 'buy' price but the rest of investment decision I usually make after my own research. Tassal always has the typical agricultural stock risks of cyclical price range but as a largest salmon producers in Oz with growing demand, its outlook wouldn't be too bad over long term. I will still say this is a good stock to have in portfolio with long term outlook and increase leverage whenever there is SP correction.
TGR Price at posting:
$4.20 Sentiment: Buy Disclosure: Held
