Saul, in defense of RB, there has been at least one RB article reacting to the latest quarterly results. And, RB does occasionally change “recommended” to either “hold” or even “sell.” But it appears that there also may be a problem because RB’s long-term buy and hold philosophy is mandated to come up with two new stocks to recommend each month, like it or not. Maybe RB would be better served by changing from recommending stocks on a fixed schedule (2 per month) to a variable schedule based on whenever they found a truly compelling story. But having to find 2 per month may result in some mediocre picks such as Zoe’s Kitchen.
8 Likes