How to Set a 12-Month Target

At what price would you be willing to sell a stock? If you can't answer that question, perhaps you shouldn't be buying or holding shares. Without a target price and a specific period, how can you determine if a stock is undervalued, neutral or too expensive?

The famous rule of "safe" forecasting is that you should never put both a price and a date into the same prediction. In that way, whatever happens, you can never be wrong. If you were the first to say Apple (AAPL) was on the way to $1,000, you can remain correct if you didn't also specify when that might occur....599 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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