Editor’s Note: This article is brought to you by Steve Reitmeister, Executive VP with Zacks Investment Research. I wasn’t always a good investor. Over the past 32 years I’ve made just about every mistake imaginable. — Jumped in at the peak — Jumped out too late — Bought falling knives — Doubled down on losers — You name it, I probably did it. By the time I joined up with Zacks Investment Research in August 1999, I had eradicated most of those bad habits. But as Len Zacks, founder, and his brother Ben pointed out… I… Read More
Editor’s Note: This article is brought to you by Steve Reitmeister, Executive VP with Zacks Investment Research. I wasn’t always a good investor. Over the past 32 years I’ve made just about every mistake imaginable. — Jumped in at the peak — Jumped out too late — Bought falling knives — Doubled down on losers — You name it, I probably did it. By the time I joined up with Zacks Investment Research in August 1999, I had eradicated most of those bad habits. But as Len Zacks, founder, and his brother Ben pointed out… I had a lot to learn. You see, Len’s life’s work has been to help investors find success and in 1978, armed with his PhD from MIT, he hit upon a key discovery: Earnings estimate revisions are the most powerful force impacting stock prices. What I quickly learned is, indeed, earnings estimate revisions (EER) are the most powerful force impacting stock prices. And nothing captures that power more than the Zacks Rank… Read More