Estimates Can Be Valuable If You Eye Them With Skepticism

Detailed summary
Estimates can be valuable looks into the future. But they're rife with problems and you need to know how to read them. The post Estimates Can Be Valuable If You Eye Them With…
In the countdown to the midterm elections, we were peppered with predictions and estimates. Everyone wanted to guess which candidate would win — and by how much. Countless polls offered "data" on who was most likely to vote, how excited they felt about voting and whom they'd choose. Polls are forward-looking. Like Wall Street analysts setting a price target on…
Opening of the article, excerpted from Investor's Business Daily. To read the rest, open the article on the publisher's site.
MarketNews shows the headline and summary published by the outlet. The full article is on the publisher's website. (www.investors.com)