Wednesday, January 04, 2006

And what about stocks?

At some point in the next couple of months, I'll need to cash out part of my investment portfolio in order to come up with the rest of the cash I'll need at the closing for my condo. As of right now, all my stocks and mutual funds are up except for GM. I was looking at the analyst ratings on the individual stocks that I own:
XRX: mostly hold
LU: hold
GM: hold to sell
MCD: hold to buy

For all of them, the "hold" rating was by far the highest bar in the chart. I don't know what it means, either those analysts are wusses who don't want to go out on a limb, or I am just a really middle-of-the-road kind of investor, I guess. Whatever.


Caitlin said...

Hm...but 13 analysts total say to sell vs. 11 for hold ... I don't know what that means either though ;) maybe that's part of the 3.56 number?

nyc money said...

Hold means sell, but they don't want to be mean.

trip said...

I agree with nycmoney - Hold means sell. GM is structurally unsound right now.