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Ahead of the Market : The Zacks Method for Spotting Stocks Early -- In Any Economy

Ahead of the Market : The Zacks Method for Spotting Stocks Early -- In Any Economy

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Product Info Reviews

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Rating: 2 stars
Summary: Not very useful
Review: Good expose of analyst's trade and inherent biases, especially in the bull 90's. However, with regulation FD, and the frequent trading of Zack's system, it is unlikely to be very profitable going forward.

I was also dissappointed that the author not so subtly points the reader to the Zack's online pay service ranking system. He essentially builds the case for why you should sign up. Furthermore, the writing style and syntax was simple and dry, not up to the author's Ivy pedegree. Likely intended for the mass-audience.

Rating: 5 stars
Summary: Very Good
Review: I am a financial advisor. Several years ago, doing my own research, I discovered that earnings estimates trends have a much higher correlation with stock prices than do reported earnings. The future value of a stock is in large part determined by its future stream of income (earnings). I was compounding my account around 50%/year from 1997 - 2001 but was somewhat skeptical whether I could continue to do this for 10 years or more. I thought I was onto a good stock picking method but that this method may not work in future market conditions. At the end of 2001 I discovered the Zacks philosophy and their reported returns for the Zacks #1 ranked stocks (34% annual gains since 1980). Wow, now that excited me. My system is fairly similar to Zacks ranking system so, just maybe I can continue to do this into the next decade or two or three! This book is worth the read. Forget about picking stocks based on "static" measures such as looking at balance sheets and income statements. This does not work. You much be more intuitive and the Zacks rank helps simplify this.
Rob

Rating: 4 stars
Summary: Good book for those interested in earnings estimates
Review: I believe that combining the strategies discussed in this book with CANSLIM provides a very powerful approach.

Like O'Neil, Zacks bases his research on real data; this data has been collected by the Zacks Investment Company for 15+ years.

This book is filled with dozens of graphs to better explain the research. Just like the Zacks ranking system this book is largely focused on one of the few good things a market analyst can give you - earnings estimates.

I believe that in the upcoming years Ahead of the market will be a book that I will be referring back to since it is excellent. The research is practical and I believe is an interesting strategy.

In closing I just want to say that this is one of the books I have read which I found to be really good and have the potential to assist us in our investing endeavors.

Reed Floren

Rating: 5 stars
Summary: Zacks method will help you make money
Review: I found this book very helpful in outlining the importance of research & of tracking earnings estimates. Mitch Zacks gives a good overview of what the key factors are in determining whether a stock will perform. The Zacks Rank was also interesting as it looks like it has performed very well over the past years...It seems as if the Zacks Rank really is accurate, and more imporartantly a successful investing method...This is the first book I have read that has actually helped me make money, rather than just provide broad based market overviews one sometimes reads. Overall good book, I would definitely recommend it.

Rating: 5 stars
Summary: When my Broker says Hold - now I sell
Review: I have a number of brokerage accounts at both full service and discount firms and am continually sent reserach reports . After reading this book I finially understand how to use these reports . I have begun to ignore the brokerage firm recommendations and to look very closely at the changes the analyst make in their earnings estimates. This book provides the clearest overview of what Wall Street is doing to investors that I have ever seen . My advice to anyone who now reads eserach reports is to - stop - read this book - and you will never read reasearch in the same way again

Rating: 3 stars
Summary: Watch Out for Zacks Spam
Review: I learned a lot from this book about how earnings momentum is used to buy and sell stocks. Basically, momentum investors are looking for impending earnings surprises of a certain quality.

The book then induces you to try out the Zacks online service and get their daily earnings updates and eletters like "Profit from the Pros". Don't do it. Signing up will unleash a torrent of spam from Zacks for many of their services. I have unsubscribed numerous times and even emailed their customer service department. They did respond but I still get the crap. Even worse, they gave my name to a marketing partner and now I get even more garbage.

Rating: 3 stars
Summary: Watch Out for Zacks Spam
Review: I learned a lot from this book about how earnings momentum is used to buy and sell stocks. Basically, momentum investors are looking for impending earnings surprises of a certain quality.

The book then induces you to try out the Zacks online service and get their daily earnings updates and eletters like "Profit from the Pros". Don't do it. Signing up will unleash a torrent of spam from Zacks for many of their services. I have unsubscribed numerous times and even emailed their customer service department. They did respond but I still get the crap. Even worse, they gave my name to a marketing partner and now I get even more garbage.

Rating: 5 stars
Summary: Good Book....
Review: I picked up this book b/c I thought it would help me figure out where to put my money, especially since the market is doing so poorly. Mitch Zacks was easy to understand, espcially for someone like me who has probably average experience when it comes to stocks.....It was interesting to see how tracking of the analyst estimates is such a big indicator of the success of the stock/company, more so than other factors that the news/press sometimes focuses in on. Overall, I would recommend it as I found it hepful.

Rating: 5 stars
Summary: Highly Recommended
Review: I read a lot of investment books and manage my own portfolio and this book is definitely one of the best investing books that I have read in the last couple of years. What makes the book so interesting is that it explores a style of investing that is neither value nor growth. It is one of the few books that I have read that actually details an original investment strategy.

Essentially, the book is about predicting the behavior of analysts and thus trying to predict stock prices over the next quarter. Some strategies in the book are for the long-term , but mostly Zacks' main idea is that analyst activity can be predicted because the analysts themselves are afraid of disagreeing with the "herd" of other analysts.

The book is very straightforward and easy to read. Unlike other investment books Zacks is focused on trying to explain how to effectively implement a strategy.

As a caveat, I did think the book was a little harsh on brokers.

Rating: 5 stars
Summary: Highly Recommended
Review: I read a lot of investment books and manage my own portfolio and this book is definitely one of the best investing books that I have read in the last couple of years. What makes the book so interesting is that it explores a style of investing that is neither value nor growth. It is one of the few books that I have read that actually details an original investment strategy.

Essentially, the book is about predicting the behavior of analysts and thus trying to predict stock prices over the next quarter. Some strategies in the book are for the long-term , but mostly Zacks' main idea is that analyst activity can be predicted because the analysts themselves are afraid of disagreeing with the "herd" of other analysts.

The book is very straightforward and easy to read. Unlike other investment books Zacks is focused on trying to explain how to effectively implement a strategy.

As a caveat, I did think the book was a little harsh on brokers.


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