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Earnings Season Is Strong (So Far) | Sam Burns
Forward Guidance
Is the Average Stock Downgrading?
On average, the average stock is seeing its estimates fall more analysts cutting than raising. That's true on average in all of the all 11 of the sectors, even in energy now. So it's just a matter of degree of how much they're cutting, how broadly they're cutting. And so that relative picture is very important because if you just say, well, analysts are cutting, that's bad. I'm going to sell much stocks in the home. You might miss a lot.
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