iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Average Estimates Show an 11% Rise for the DOW in 2013

“As each new year arrives, 24/7 Wall St. looks at each of the 30 Dow Jones Industrial Average components and assigns a forward value for the Dow based on a mixed methodology. We have actually come within about 1% for each of the peak projection of the DJIA in past three years using this methodology. We are not just looking for individual stocks to buy in 2013. We use consensus price targets from Wall St. analysts and we use an equal weighting of the components rather than the price-weighting used to calculate the DJIA….”

Read more

If you enjoy the content at iBankCoin, please follow us on Twitter