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David Newman Profile - Desjardins Analyst

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David Newman

David Newman
Desjardins

Wall Street Analyst
#5,337 out of 10,123 Wall Street Analysts
#14,981 out of 42,330 experts

Success Rate

52%
60 out of 115 ratings made a profit

Average Return

+1.10%
Average return per rating
Time Frame
1 Year
Compare to
No Benchmark
Copying David Newman's trades since 2018 and holding each position for 1 Year would result in 52.17% of your transactions generating a profit, with an average return of 1.1% per rating.

Stock Rating Distribution

149Ratings
87.25% Buy
12.75% Hold
0.00% Sell
Distribution of David Newman's ratings

Additional Information

Main Sector:General
Geo Coverage:
Canada
United States

Best Rating

Stock:
Pinnacle Renewable Holdings
(PL)
Rating:Buy
Date:Jul 13, 2020 - Feb 26, 2021
Return:+158.70%
The most profitable rating made by David Newman

David Newman's Stock Coverage

Company
Date
Position
Action
Price Target
No. of Ratings
Success Rate
Avg. Return
ECI
EnerCare
May 06, 2018
Buy
Reiterated
1Ratings
0.00%
HUSKF
Husky Energy
Jan 16, 2019
Hold
Reiterated
1Ratings
0.00%
Superior Plus
Nov 12, 2020
Buy
Reiterated
C$15.00
(109.21% Upside)
12Ratings
75%
+12.70%
Premium Brands
Dec 29, 2020
Buy
Reiterated
C$124.00
(37.02% Upside)
13Ratings
67%
+18.62%
PL
Pinnacle Renewable Holdings Inc
Feb 26, 2021
Hold
Downgraded
6Ratings
100%
+91.00%
SPG
Spark Power Group Inc Class A
Apr 05, 2021
Hold
Reiterated
6Ratings
75%
+3.35%
Chemtrade Logistics
Apr 30, 2021
Buy
Reiterated
C$12.00
(-13.04% Downside)
21Ratings
33%
-0.95%
CareRx
Oct 27, 2021
Buy
Reiterated
C$9.50
(180.24% Upside)
2Ratings
0%
-31.60%
THNK
Think Research Corporation
Oct 27, 2021
Buy
Reiterated
3Ratings
0%
-72.67%
GBNHF
Greenbrook Tms
Nov 23, 2021
Buy
Reiterated
$13.19
(131755.60% Upside)
9Ratings
38%
-16.10%
List of latest recommendations made by David Newman. Click to expand and see David Newman's performance on a particular stock
Disclaimer: TipRanks collects analysts’ ratings and price targets by scanning publicly available reports on financial websites and by receiving reports from analysts, firms, or customers. The information and statistics displayed might not be accurate, complete, or up-to-date. The analyst ratings provided are the sole responsibility of the source publication. TipRanks holds no liability over the analysts' information, price targets, ratings, or opinions expressed.
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About Analyst Ratings

About Analyst Ratings
Analyst ratings represent professional recommendations - Buy, Hold, or Sell - issued for a specific stock. Each rating reflects the analyst’s view at the time of publication and is tracked to measure historical performance.
Ratings Count
The total number of analyst ratings (Buy, Hold, and Sell) issued for the stock. This includes all published recommendations, even those not used in performance calculations.
Performance Calculation
To ensure accuracy and prevent duplication, only certain ratings are included in performance metrics:
•  
One rating per analyst per month: If an analyst publishes more than one rating in a month, only the first is counted.
•  
Updated ratings end prior ones: If the analyst changes their stance during that month (for example, from Buy to Sell), performance tracking for the earlier rating stops immediately on the update date, and the new rating begins tracking from that point forward.
•  
Hold ratings excluded: Hold recommendations are displayed on the chart but are not counted in performance or return calculations.
Example
If an analyst rates a stock Buy on April 1 and changes it to Sell on April 20, the Buy rating’s performance is measured from April 1 to April 20. From April 20 onward, only the Sell rating is tracked.
Success Rate
Indicates the percentage of performance-accounted ratings that generated a positive return during their active period. For example, if 6 out of 17 accounted ratings were profitable, the success rate is 35%.
Average Return
Represents the mean return per active rating - showing the average gain or loss an analyst’s recommendation produced while it was active.

David Newman activity FAQ

What is the performance of David Newman's recommendations?
The percentage of profitable recommendations made by David Newman is 52%, and the average return per transaction is 1.10%.
    What stocks does David Newman cover?
    David Newman mostly covers TSE:BYD ,TSE:CHE.UN ,TSE:WELL stocks.
      What was David Newman's most profitable rating?
      David Newman’s most profitable ratings was a buy on TSE:PL stock on Jul 13, 2020 - Feb 26, 2021. The return on the trade was +158.70%.
        Where can I see a list of stock analyst ratings?
        You can see a list of daily stock analyst ratings here.
          What are the most recommended stocks by analysts?
          You can see a list of the most recommended stocks by analysts here