Home » sin stocks » Sin Stocks Report: Summer Of Sin #19 — What Do Analysts Suggest About Sin Stocks?

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Part of the due diligence process of looking at sin stocks (or any stock) is to see what the analysts and experts suggest. So, what do analysts suggest about sin stocks?

What Do Analysts Suggest About Sin Stocks?

We’ve already looked at who else invests in sin stocks, including famous investors, institutional investors, and insiders. But there’s another group whose opinions should matter and that is analysts. Analysts spend their days looking at the data to determine whether a stock is worth investing in or not, and they share their findings with investors. You can follow all kinds of analysts from the crazy ones to the highly technical data scientists.

One great source that gathers together the analysis of thousands of analysts is https://www.tipranks.com/. Check out that site and enter the name of your favorite sin stock to see what people are saying about it — each person will have a buy, hold, or sell rating and you’ll see when they made their recommendation and more info about it too.

For example, if you check out the Anheuser Busch Inbev (BUD) page on TipRanks, you would see that the current stock price is $118/share, but there are 3 analysts who say the stock could go up to $134 in the next 12 months. TipRanks also provides an upgraded version to find out what the 5 most recent recommendations are.

Of course analysts are human, which means they can be wrong. Plus, there are a lot of sin stocks go through!

So you may want to see which analysts are the most accurate and find out what stocks they are analyzing. You can find out the analysts’ track records at https://www.tipranks.com/analysts/top and if you dig into each one then you can see what their buy, hold, and sell recommendations are.

As with anything else, you’ll never want to base your portfolio decisions on what just one other person is thinking or suggesting, but you can use their thoughts and ideas to help inform yours.

DISCLAIMER

Nothing on this site is a recommendation because, hey, I can't read your mind and I don't know what you have in your portfolio, and I'm not a licensed financial advisor. So never EVER trade without doing your due diligence. If you want more information about this fascinating topic, please check out the Sin Stocks Disclaimer page which basically says the same thing but more emphatically.