At The Motley Fool, we poke plenty of fun at Wall Street
analysts and their endless cycle of upgrades, downgrades, and
"initiating coverage at neutral." So you might think we'd be
the last people to give virtual ink to such "news." And we
would be -- if that were all we were doing.
But in "This Just In," we don't simply tell you what the
analysts said. We'll also show you whether they know what
they're talking about. To help, we've enlisted
Motley Fool CAPS, our tool for rating stocks and analysts
alike. With CAPS, we track the long-term performance of Wall
Street's best and brightest -- and its worst and sorriest,
too.
What's that sound?
The bullish beat on
Accenture (NYSE: ACN) continues to grow
louder. Last week, we took a look at how the company's faring
after hitting its 52-week high, and whether
Goldman Sachs was right to upgrade the stock
at that point. (
It was.) Now we learn that yet another analyst is hopping
aboard the Accenture train, with All-Star analyst
Janney Montgomery Scottinitiating coverage at "buy" this
week.
Janney's bullish beat should sound familiar:
And yet, with Accenture's profits
on the wane, Fools may well wonder whether Janney's
timing is off on this one. Is now really the time to buy into
Accenture, or should we wait until conditions improve a bit
first?
Eat, drink, and be Janney
Judging from the analyst's record, I'd be inclined to
follow Janney's advice on this one. While it's true that
Janney's most successful recommendations tend to hail from
the food and entertainment industries ...
Stock
Janney Says
CAPS Says
Janney's Picks Beating S&P by
Green Mountain Coffee (Nasdaq:
GMCR)
Outperform
***
252 points
Marvel Entertainment (NYSE: MVL)
Outperform
****
65 points
Netflix (Nasdaq: NFLX)
Underperform
**
16 points
... this banker is no slouch when it comes to picking IT
shops either:
Stock
Janney Says
CAPS Says
Janney's Picks Beating S&P by
Wright Express
Continued... |