Wall Street Hates This High-Yield Industry, but Now Is the Time to Buy
Generally speaking, Wall Street investment firms are the most visible cheerleaders for the stock market. Wall Street analysts issue far more buy ratings on stocks than sell ratings for a variety of reasons. For example, the stock market has shown that it historically increases in value over time. Thus, a bullish call on individual equities would appear to give analysts a better chance of being correct over time.
Furthermore, Wall Street investment firms can offer financial products and services to the companies they cover. Offering up a negative rating on a company can burn bridges and cost investment firms future business.
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Source Fool.com
