The TipRanks All-star Analyst of the Day title goes to Quinn Bolton of research firm Needham. Remarkably, Bolton ranks #49 out of the 10,000 Wall Street analysts tracked by TipRanks. One of the key stocks in his coverage is cloud-computing company IonQ (IONQ), for which he is the Best analyst over a one-year time frame.
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IONQ is a quantum computing company that develops hardware and software to bring quantum technology to commercial use. For a thorough assessment of the stock, go to TipRanks’ Stock Analysis page.
Most Profitable and Accurate Analyst on IONQ Stock
When we look at Bolton’s recommendation for IONQ stock, we see that over the past year, Bolton has had a 94% success rate on the stock. Plus, he has earned average returns of 160.35% during the period.
On an overall basis, copying Bolton’s trades and holding them for a year would give you an average return of 36.20%, with 60% of your trades generating a profit.
Not Just IONQ
Bolton primarily focuses on covering the Technology sector in the U.S. market. Importantly, his most profitable rating to date was a Buy on D-Wave Quantum (QBTS), a quantum computing company. The analyst earned a massive 800% return on the call between Nov 14, 2024, and today.
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.