Trust Wall Street's Top Stock Picks?

The New Year is now upon us and brokers are notorious for offering up their top picks for this year.  Should you trust them?  If the previous few years are any indication, probably not.  The Wall Street Journal published an article looking at the track record of the top picks for the last few years and it was not impressive when compared the least recommended stocks. 

In January, no one really knows what the top stocks of 2011 will be…it will only become evident on December 31, 2011.  Until then, successful investors aren’t swayed by the “Top 10 Stocks” and instead stick to their previously established investment plans.  For the complete article, click here.

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Disclosure: Every investor’s situation is different and investment decisions are best made within the context of a financial or investment plan.  Consult your professional advisor for additional details.  This article reflects our opinion only and not intended for financial advice.