If an analyst can correctly forecast a company's next year earnings, does that necessarily imply that the

Question:

If an analyst can correctly forecast a company's next year earnings, does that necessarily imply that the analyst can correctly forecast how the company's stock will perform? Why?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Fundamentals of Investments

ISBN: 978-0132926171

3rd edition

Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey

Question Posted: