Don't Read Brokerage Research Reports

Industry giant Laboratory Corporation of America (LH) closed at $83.28 on May 31, 2012, and was a little-changed $84.09 two months later on July 31. I like the long-term prospects for LabCorp, I wrote positively about it at $85.60 on June 12, and I believe it could go to $105 within 12 months and to $114-$130 over the next year and a half.

When you read the following, please note that each of the following three research opinion changes was announced in the pre-market on the dates shown. That's why I show the actual closing prices from the previous day in the boxes rather than the final quotes from the dates listed in their releases to clients....310 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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