The TipRanks All-star Analyst of the Day title goes to analyst Vivek Arya of Bank of America Securities. Remarkably, Arya ranks #286 out of the 9,607 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.
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Broadcom is a global chipmaker known for its strong presence in semiconductors and custom AI hardware. 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 Arya’s recommendation for Broadcom stock, we see that over the past year, Arya has had a 100% success rate on the stock. Plus, he has earned an average return of 69.22% in the said period.
On an overall basis, copying Arya’s trades and holding them for a year would give you an average return of 13.9%, with 57% of your trades generating a profit.
Not Just AVGO
Arya primarily focuses on covering the Technology sector in the U.S. and Canadian markets. Importantly, his most profitable rating to date was a Buy on Nvidia (NVDA), a leader in AI and advanced computing. The analyst earned a massive 249.10% return on the call between March 21, 2023, and March 21, 2024.
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.