The TipRanks All-star Analyst of the Day title goes to analyst Ross Seymore of research firm Deutsche Bank. Remarkably, Seymore ranks #51 out of the 9,414 Wall Street analysts tracked by TipRanks. One of the key stocks in his coverage is Broadcom (AVGO), for which he is the Best analyst over a one-year time frame.
Broadcom is a global technology company that develops and supplies a broad range of semiconductor and infrastructure software solutions. For a thorough assessment of the stock, go to TipRanks’ Stock Analysis page.
Best Analyst on AVGO Stock over One Year
When we look at Seymore’s recommendation for Broadcom stock, he has had a 93% success rate on the stock. Plus, he earned an average return of 42.37% in the said period.
On an overall basis, copying Seymore’s trades and holding them for a year would give you an average return of 20.30% with 69% of your trades generating a profit.
Not Just AVGO
Seymore primarily focuses on the Technology sector in the U.S. market. Interestingly, his most profitable rating to date is a Buy on ON Semiconductor Corporation (ON). ON is a U.S.-based company that focuses on advanced semiconductor solutions. The analyst earned an impressive 138.5% return on the call between May 12, 2020, and May 12, 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.