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The Boston Globe

Business

Often, analysts’ stock picks are best ignored

There’s an old saying that the stock market will do whatever it takes to make most investors look foolish. I’ve conducted a study that shows it often makes fools of analysts, as well.

In 1998, I started tracking the four stocks Wall Street analysts love the best at the beginning of each calendar year, and the four stocks they most hate. There are no data for 2008, when I was temporarily retired as a columnist.

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