Timing is crucial when investing. Too early and you risk not making the best use of your funds, too late and you can miss the rise. It takes a skilled stock picker to be able to sniff out the right timing for a lucrative opportunity.
Even a single day can make a large difference, as was the case with Softcat (SCT) in the technology sector.
With strong price growth over the last 6 months, it received lots of attention from stock pickers. Below you can see the difference a day makes between the stock pick of a 5-star and 1-star stock picker:
Another great example this month was with 4Imprint Group (FOUR) in the media sector. Their share price jumped in response to "very encouraging progress" being announced ahead of its AGM.
Just two months earlier we saw conflicting opinions issued by two prominent stock pickers with different track records in the sector.
Again, we see the stock picker with the better track record outperform the other. There are many such examples to be found all over the market.
Stockomedation's StockoScore star rating system can help you identify the tips coming from individuals with a strong track record, to help you listen to the right people.
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