Google, Citigroup Are Talking, but Are You Listening?: Street Whispers
NEW YORK (TheStreet) -- There are many people on Wall Street standing between you and your investments, so it may be time to cut out the middleman and start listening to what your stocks are saying.
Perhaps the easiest and least-utilized method for retail investors to get the real story on their favorite stocks and companies are so-called investor conferences. These get-togethers -- usually held at resort destinations or upscale midtown hotels -- are sponsored by investment banks and targeted at Wall Street research analysts with the goal of serving up management of publicly traded companies to analyst scrutiny.
But while investor conferences cater to big institutional investors, U.S. securities laws dictate that retail investors get to listen to the back and forth, usually via a Web simulcast. That means everyday retail investors get to listen to the unfiltered message of the companies where their retirement is parked for the moment.
With summer gone and Wall Street heading back to the office, the conference "silly season" is kicking off and its a prime opportunity for investors to get the skinny on what management thinks of its prospects for the coming year.
For example, want to know what Google's (GOOG) strategic plans are in detail just a week before the new Apple (UNM) iPhone comes out? You can listen to the search giant give its plans on Thursday during Citigroup's Annual Technology Conference. The Citigroup conference, in particular, includes a wide array of tech stocks, from giant IBM (IBM) to smaller publicly traded companies like photo sharing site Shutterfly (SFLY) to online restaurant recommendation engine Yelp (YELP). Just a week later, the biggest U.S. banks will offer up their executives at the Barclays Capital's Global Financial Services Conference in New York with Citigroup (C)CEO Vikram Pandit trying to give up some answers about capital returns and Jamie Dimon heir apparent and JPMorgan Chase (IBM) investment bank CEO Jes Staley trying to dodge questions regarding the bank's huge derivatives losses this year. These are just a few of the big investor conferences coming up with other get-togethers focused on industrials, biotech and retail coming up. While they won't make for electrifying listening, they do offer a rare opportunity for everyday investors to listen management of the biggest stocks they own make their case.Select the service that is right for you!
COMPARE ALL SERVICESAction Alerts PLUS
TRY IT FREEJim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
Product Features:
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Dividend Stock Advisor
TRY IT FREENew! $49.95/yr
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Product Features:
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Stocks Under $10
TRY IT FREEDavid Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.
Product Features:
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
- Weekly roundups
Real Money
TRY IT FREE24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
Product Features:
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
Real Money Pro
TRY IT FREEAll of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
Product Features:
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Options Profits
TRY IT FREEOur options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
Product Features:
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV