Analysts help investors make informed investment decisions by predicting future market trends and evaluating a company’s financial health. Among these analysts, some are known for their high accuracy in predictions and reliable recommendations. TipRanks helps identify these Top analysts by ranking them based on success rate, average return, and number of recommendations. Today, TipRanks has recognized the 10 best Singaporean analysts for identifying the best investment opportunities.
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But before we move ahead, it is important to highlight that we used TipRanks’ Expert Center tool to find analysts with a high success rate.
Now, let’s take a look at the Top 10 analysts, whose ratings were most successful over a one-year time frame, from October 2023 to September 2024.
#1. Paul Chew – Phillip Securities
Topping the list is Paul Chew from Phillip Securities, with an impressive overall success rate of 87% and an average return of 8.2%. Notably, his most remarkable rating has been on Oiltek International (SG:HQU), a provider of integrated engineering solutions for the edible oil refining and renewable energy industries. His Buy recommendation on HQU stock, spanning from August 7, 2024 to November 11, 2024, yielded a return of 40.6%.
#2. Sam Wong – Jefferies
Securing the second position is Jefferies analyst Sam Wong. Over a one-year timeframe, the analyst boasts an average return of 6.7% per rating and a success rate of 68%. His most outstanding rating has been on China Pacific Insurance (CHPXF), a Chinese insurance company. His Buy recommendation on CHPXF stock during the period from July 22, 2024 to October 22, 2024 produced a return of 42.7%.
#3. Kenneth Tan – CGS-CIMB
Kenneth Tan bags the third spot on the list, with an 88% overall success rate and an average return of 11.4%. His best recommendation has been on Singtel (SG:Z74) (SNGNF), a Singaporean telecommunications conglomerate. The analyst’s Buy call on SNGNF stock generated a stellar 61.8% return between June 19, 2024, and September 19, 2024.
#4. Adrian Loh – UOB Kay Hian
Adrian Loh holds the fourth position on the list. Over a one-year period ended September 2024, the analyst has a success rate of 70% and has witnessed an average return of 10.2%. Loh’s top recommendation is Seatrium (SG:5E2) (SMBMF), a provider of engineering solutions to the offshore, marine, and energy industries. The analyst generated a profit of 52.3% through his Buy recommendation on OGC stock from August 5, 2024 to November 5, 2024.
#5. Tabitha Foo – DBS
Tabitha Foo is placed fifth on the list. The analyst has a 68% overall success rate and a 9.3% average return per rating. Foo’s best recommendation has been on United Airlines (UAL), a major provider of U.S. domestic and international air travel services. The analysts’ Buy call on UAL stock generated a 59.8% return between July 18, 2024 and October 18, 2024.
#6. Pei Hwa Ho – DBS
DBS analyst Pei Hwa Ho is sixth on this list, with a success rate of 69% and an average return of 6%. Ho’s best call was a Buy on the shares of Seatrium. The recommendation generated a return of 55.2% from July 29, 2024, to October 29, 2024.
#7. Jonathan Koh – UOB Kay Hian
Carey MacRury is in seventh place. Between October 2023 and September 2024, the analyst generated an average return of 4.6% with a 68% success rate. His best recommendation was on Keppel DC REIT (SG:AJBU) (KPDCF), a Singapore-based real estate investment trust specializing in data center properties. The analyst delivered a return of 36.8% from the Buy call on the stock from September 13, 2024, to December 13, 2024.
#8. Glenn Thum – Phillip Securities
Phillip Securities analyst Glenn Thum ranks eighth on the list. Thum has a 74% success rate and an average return of 7%. His best rating was on software company Silverlake Axis (SLVFF). His Buy rating on the stock between November 20, 2024, and February 20, 2024, generated an impressive return of 36.2%.
#9. Foo Zhi Wei – Macquarie
Foo Zhi Wei holds the ninth spot on the list. He has a 78% success rate and an average return of 8.1%. Wei’s top recommendation was on Singtel. The Buy recommendation generated a return of 46.6% from June 20, 2024 to September 20, 2024.
#10. Jason Lam – DBS
Taking the tenth position is Jason Lam. The analyst has a 69% overall success rate and has witnessed an average return of 11.7%. His top recommendation was for an investment holding company, Longfor (LNGPF). Through his Buy call on LNGPF stock, Lam generated a solid return of 33.3% from March 9, 2024 to June 9, 2024.
Ending Thoughts
Despite macro uncertainty, these top analysts generated significant returns from their stock selections. By following Top Analysts’ ratings, investors can potentially enhance their portfolio’s profitability, as they have a track record of generating significant returns from their recommendations.
