At The Motley Fool, we poke plenty of fun at Wall Street
analysts and their endless cycle of upgrades, downgrades, and
"initiating coverage at neutral." So you might think we'd be
the last people to give virtual ink to such "news." And we
would be -- if that were all we were doing.
But in "This Just In," we don't simply tell you what the
analysts said. We'll also show you whether they know what
they're talking about. To help, we've enlisted
Motley Fool CAPS, our tool for rating stocks and analysts
alike. With CAPS, we track the long-term performance of Wall
Street's best and brightest -- and its worst and sorriest,
too.
And speaking of the best ...
What do you do when one of the market's top stock
pickers hops aboard one of the strongest
commodity storiesin recent memory? Personally, I listen
up. And from what I hear, Blue Horseshoe loves
Yamana Gold (NYSE: AUY). ("Blue Horseshoe"
being, in this instance, New York banker
BMO Capital Markets.)
And why has BMO taken a fancy to Yamana? Excellent
question. Problem is, we don't know the answer. You see,
while Briefing.com reported the
factof BMO's
upgrade yesterday, it left out one important bit of
information -- the
reasonBMO upgraded Yamana. Whether it's due to
faulty reporting, or a reticent analyst, not a single major
media outlet has any details on the upgrade.
Speak up, BMO!
There are few situations more frustrating to the
individual investor than the one we face today: BMO wants us
to buy Yamana, yet it won't tell us why. But while we're
unable to tell you
whatBMO thinks, here at CAPS we can at least clue
you in to
how wellit thinks.
Let's go to the tape
And here's the good news for Yamana shareholders: BMO's
hip deep in the mining sector, and it's striking gold. Over
the past three years, this banker has recommended trades on
some 40 separate
Metals and Miningcompanies -- making this sector BMO's
second-biggest-after-oil.
And while BMO's not perfect ...
Stock
BMO Says:
CAPS says:
BMO's Picks Lagging S&P By:
Goldcorp  (NYSE: GG)
Outperform
**
35 points
Alcoa (NYSE: AA)
Underperform
****
31 points
... it still pretty good:
Stock
BMO Says:
CAPS says:
BMO's Picks Beating S&P By:
Freeport McMoRan (NYSE: FCX)
Outperform
****
22 points (two picks)
Silver Wheaton  (NYSE:
SLW) Continued... |