Wall Street analysts are often wrong in their buy, hold, and sell ratings. Currently, technology is the most favorably rated sector, followed by communication services and materials. Approximately 69% of analyst ratings on S&P 500 technology companies are buys, while only 4% are sells. In contrast, analysts appear less confident about consumer staples and utilities, where ratings are more balanced and uncertainty is greater.
Source: FactSet, The Business Week Graphic
This graph was produced by Lucas Juery, CFA, CFPⓇ and is not intended to provide financial advice.
Comments
Log in or sign up to join the conversation.