The TipRanks All-star Analyst of the Day title goes to Rob Sanderson of research Loop Capital Markets. Remarkably, Sanderson ranks #212 out of the 9,389 Wall Street analysts tracked by TipRanks. One of the key stocks in his coverage is Amazon (AMZN), for which he is both the Most Accurate and Most Profitable analyst.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Amazon is an e-commerce giant and a leading cloud computing player. For a thorough assessment of the stock, go to TipRanks’ Stock Analysis page.
Most Profitable and Accurate Analyst on AMZN Stock
When we look at Sanderson’s recommendation for Amazon stock, we see that over the past year, Sanderson has had a 95% success rate on the stock. Plus, he has earned average returns of 34.31% in the said period.
On an overall basis, copying Sanderson’s trades and holding them for a year would give you an average return of 15.9%, with 62% of your trades generating a profit.
Not Just AMZN
Sanderson primarily focuses on covering the technology sector in the U.S. and Hong Kong markets. Importantly, his most profitable rating to date was a Buy on Pinterest (PINS). PINS is a social media platform that allows users to discover and save ideas for various projects and interests. The analyst earned a massive 410.6% return on the call between April 9, 2020, and April 9, 2021.
Following phenomenally successful analysts’ ratings can add profit to your portfolio. Find the best analyst to follow for any stock by scrolling down to the “Best Analyst Covering” feature on its Analyst Forecast page. To follow the best Wall Street analysts, take a look at the list of Top Analysts on TipRanks
