I donât know much about Wall Street and how it works, but I know that if I was as wrong in my business as it seems many analysts are, I would be out of business. I must admit I have used analyst recommendations to make investments, and it has never worked out. Ex. 2003 - market starts to rebound and Iâm looking to buy. Analysts make what seemed like sound arguments why bell weather companies like Cisco will lead the tech rebound. I load up on cisco at $27, the tech world takes off and cisco drops to $17 over the bull run where the Qâs double. Analysts in articles in Barronâs put sell recommendations on AAPL, YHOO and AMZN and each proceed to go up well over 100%. Even recently in January analysts at âThe Streetâ put buy recommendations on integrated oil companies such as COP and sell recommendations on the drillers such as RIG. COP is now down $6 and RIG up $40 from then. Do you think these people got the boot or is being completely off base normal for the job?