Has anyone ever tried a portfolio made up of Zacks rank 1 stocks?
Zack's is absolutely terrible, that's my opinion.
Stock drops from $15 to $10 and they say strong sell at $10.
The same stock goes up to $20 a few weeks later and they say strong buy.
I've seen this happen in a very short time span, their ratings are all computer generated. One week they say strong sell, next week it's strong buy.
They're a joke.
Zacks strong buy picks and premium.
Is Subscribing to Stock Advisors like Motley Fool, Zacks etc worth it?
Zacks's 25% annually average return for 30 years.
Videos
On the website it says that if you had invested $10000 in '88 and rebalanced monthly that you'd have 5.6 mil as opposed to only 150k if you had invested im the s&p 500 over the same time period. I wasn't born yesterday and this sounds like BS, but I was wondering if anybody had ever tried it and to what degree of success?
Zack's is absolutely terrible, that's my opinion.
Stock drops from $15 to $10 and they say strong sell at $10.
The same stock goes up to $20 a few weeks later and they say strong buy.
I've seen this happen in a very short time span, their ratings are all computer generated. One week they say strong sell, next week it's strong buy.
They're a joke.
I just Google this and it the first thing it shows me is a chart that says Zacks 1 hasn't beat the S&P in the last 3 years.
LOL. I alone have done that in my own ETF mix.
So I recently decided to test zacks premium.
So far following their rank1 with vgm mostly A literally 11 out of 12 stocks are tanking and today hitting -10%. Asc, x and xrx. Others between -4 and -6%.
Strong buy in their opinion is for the next 1-3 months. So far it's going pretty shit.
I mean I understand not everything will work but 11 out of 12 is pretty freaking pathetic for a company that claim to know what they are doing enough to take money for the research they do.
What do you think about them?