The 10 best stock analysts you should have listened to so far this year

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Reuters/Stefano Rellandini

Investors are bombarded with analyst ratings on stocks all the time.

And for the very active investor seeking to lock in returns, TipRanks identified the analysts that have been worth listening to so far in 2016.

They took every analyst rating that was issued between January and May 2016, and deduced how much return an investor would have earned if they followed the recommendation for three months, or until the end of the first half of 2016

TipRanks also calculated the normalized profits the analysts earned on all their rating calls.

These were most successful analysts:


Richard Davis, Canaccord Genuity

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Glassdoor

Industry: Tech

Success Rate: 60%

Normalized Profit: 8.8%

Noteworthy recommendation: Paycom

Davis has a success rate of 80% when rating the stock, and so far has realized an average return of 58.9%. This year, Paycom has held mostly neutral sentiment from corporate insiders and negative sentiment from most hedge funds.


Brad Carpenter, Cantor Fitzgerald

Industry: Basic Materials

Success Rate: 51%

Normalized Profit: 12.9%

Noteworthy recommendation: Bill Barrett Corp.

Carpenter rated the natural-gas explorer a “Buy” on February 5. The stock soared 84% within the next three months.


Vin Chao, Deutsche Bank

Industry: Financial

Success Rate: 91%

Normalized Profit: 9.4%

Noteworthy recommendation: CyrusOne

Chao put a Buy rating on the provider of corporate-data centers after its Q4 2015 results showed a 30% year-over-year increase in revenues. Three months later, CyrusOne’s stock was up 24.6%. Also, the company increased the number of Fortune 100 companies in its client base.


Brian Schwartz, Oppenheimer

Industry: Tech

Success Rate: 85%

Normalized Profit: 20.1%

Noteworthy recommendation: Demandware Inc.

Schwartz reiterated his Buy rating on the software-technology firm after it reported Q1 earnings that showed positive bookings commentary and record all-commodity volume. The stock gained 56.6% from his April 28 call to the end of the first half of 2016.


Sean Lavin, BTIG

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Exact Sciences

Industry: Healthcare

Success Rate: 79%

Noteworthy recommendation: Exact Sciences

Lavin’s most profitable call from the first half of the year was made on EXACT Sciences Corporation on May 23, 2016, when he reiterated his Buy rating after data was released on Cologuard, the company’s at-home colon-cancer screener.


Paul Morgan, Canaccord Genuity

Industry: Financial

Success Rate: 97%

Noteworthy recommendation: CareTrust REIT

Shares of the Real Estate Investment Trust rose more than 36% in the three months after Morgan rated it a buy in February 2016. This was after its fourth-quarter earnings showed that it had eliminated all its secured indebtedness and completed over $270 million in new investments.


Christopher Sighinolfi, Jefferies

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Pixabay/jp26jp

Industry: Basic Materials

Success Rate: 92%

Normalized Profit: 32.8%

Noteworthy recommendation: Energy Transfer Equity LP

This call earned Sighinolfi an 87.6% return in the three months following his rating. The company beat on earnings even amid a tough year for the energy sector.


Sam Burwell, Canaccord Genuity

Industry: Basic Materials

Success Rate: 96%

Normalized Profit: 28.5%

Noteworthy recommendation: Callon Petroleum Company

Burwell was impressed by the fact that Callon hit its production growth estimate with just one rig in 2016. He recommended that investors buy the shares on February 5, and watched the stock rise 59% in the following three months.


Pablo Zuanic, Susquehanna

Industry: Consumer Goods

Success Rate: 97%

Normalized Profit: 10.8%

Noteworthy recommendation: TreeHouse Foods

Zuanic maintained his Buy rating on the stock even before the company raised its outlook for 2016 earnings, following the acquisition of ConAgra. The stock gained 28% in the three months after that call.


Josh Silverstein, Deutsche Bank

Industry: Basic Materials

Success Rate: 98%

Normalized Profit: 36.2%

Noteworthy recommendation: Bill Barrett

Silverstein maintained a Buy rating on the company in January before its shares soared 135.9% within three months on strong earnings.


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