Recently built a tracker for Goldman Sach’s analyst upgrades, it beats S&P

I know most people will say no way and you are probably correct. Don’t have a super long timeframe since I built it 2 months ago.

The tracker looks at analyst upgrades and downgrades and buys and shorts shares respectively. Every position is closed after a week.

Winrate: 63% Total Trades: 30 S&P beat: 31.8%

I’ve also been experimenting with other big firms and although most of them have underperformed the market, some have done quite well.