Analyst Downgrades & Upgrades

Search for news about one of your stocks and you might get a dizzying range of results. It's often difficult to wade through the clutter to find useful information.

This morning I am inspecting one of my boat families $CAT after seeing a note that UBS maintained $CAT at sell this is just a couple weeks after Citigroup maintained $CAT at buy. As with all third party resource, I'm not sure how accurate this is but here's a list of $CAT analyst ratings history: https://www.marketbeat.com/stocks/NYSE/CAT/price-target/

Now, seeing or hearing someone say "sell" doesn't exactly instill confidence and if you don't have the right mindset, it can cause a little bit or even a lot of panic. Similarly, seeing or hearing someone say "buy" could cause irrational exuberance that can be expensive.

So who should I trust?

Well, when I do my inspections, I read the news without emotion and the truth is I trust no one. Analyst downgrades and upgrades are yet another factor that can contribute to roller coaster emotions. It is usually best to stay calm, trust your research and maintain a steady course.

Fair winds and following seas!

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This is for informational purposes only and the information provided does not encompass all possible or probable outcomes and nothing posted here is an indication of future results. Nothing in this blog is a guarantee or promise of future investment returns and investing in stocks or bonds carries risks including losing your entire investment. I do not recommend, advocate or endorse any third-party links, resources or advertisements of any kind. Any investment decisions are recommended to be in conjunction with a Certified Financial Planner, a comprehensive and personal financial plan and all other components that make up your own financial situation.

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