Business

Outperforming the Market: A Comparison of Star and Non-Star Analysts' Investment Strategies and Recommendations

D. B. Vukovic, O. O. U. Kurbonov, et al.

This study by Darko B. Vukovic, Orifjon O. U. Kurbonov, Moinak Maiti, Mustafa Özer, and Milan Radovanovic reveals that analyst recommendations, especially from star-ranked analysts, can significantly influence stock performance. With abnormal returns exceeding market averages, this research highlights the potential for investors to enhance their short-term strategies using these insights.

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