Wall Street analysts do a great job researching and following big, widely held, and actively traded companies such as Advanced Micro Devices (NYSE: ) That's their job, after all, and 20 or more sell-side analysts follow each one of these names. You can't blame them for this big-company bias. Those are the stocks that give their firms the most business in both the banking and trading departments. And while big companies are an integral part of any portfolio, they aren't the stocks individual investors like you and I can buy to generate the highest possible returns over the long run. From the horse's mouth In his recent book, Full of Bull, former Wall Street tech analyst Stephen T. McClellan says individual investors can take advantage of the fact that "analysts miss titanic secular shifts." He explains: Analysts rarely take...
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