Robert, a stockbroker, recommends that his clients buy and hold stock of Andersonz Corp for a minimum period of six months and then sell them. His recommendation is based on a graph of the firm's fluctuating performance for the past three quarters and an analysis of other information. The basis of Robert's recommendations can be termed as ________.
A)instinct
B)facts
C)knowledge
D)assumptions

Question

Quizplus · Accepted Answer

Robert's recommendation is based on an analysis of relevant information about Andersonz Corp, which shows that it would be beneficial for clients to buy and hold the stock for a minimum of six months before selling. This analysis is based on Robert's knowledge of the stock market and his ability to analyze data and make informed recommendations. Thus, the basis of his recommendations can be termed as knowledge.

Robert, a Stockbroker, Recommends That His Clients Buy and Hold