Earlier this year, I made a few bold CAPScalls. Of course, as with many moves one might consider “bold,” you can find yourself boldly wrong.I put red-thumb, underperform calls on Apple and Netflix, two stocks that have long been among individual investors’ favorites. This was despite the fact that I had previously called out both stocks with “outperform” ratings in the Motley Fool’s CAPS database for years.
Good to admit when you’re wrong.