The TipRanks All-star Analyst of the Day title goes to Quinn Bolton of research firm Needham. Remarkably, Bolton ranks #462 out of the 9,436 Wall Street analysts tracked by TipRanks. One of the key stocks in his coverage is Rigetti Computing (RGTI) for which he is the Best analyst over a one-year time frame.
RGTI is a quantum computing company that develops and provides cloud-based quantum computing solutions. For a thorough assessment of the stock, go to TipRanks’ Stock Analysis page.
Best Analyst on RGTI Stock over One Year
When we look at Bolton’s recommendation for Rigetti Computing stock, we see that over the past year, Bolton has had a 60% success rate on the stock. Plus, he has earned average returns of 164.05% in the said period.
On an overall basis, copying Bolton’s trades and holding them for a year would give you an average return of 13%, with 47% of your trades generating a profit.
Bolton primarily focuses on the Technology sector in the U.S. market. Interestingly, his most profitable rating to date is also a Buy on RGTI stock. To date, the analyst has earned an impressive 800% return on the call between August 9, 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.
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