[the_ad id="21475"]
[ad_1]
A Citibank sign in front of one of the company’s offices in California.
Justin Sullivan | Getty Images
Over the past decade, rising household incomes have helped boost the consumer goods sector, providing a great investment opportunity for those who know where to look.
TipRanks recognized Wall Street’s 10 best analysts in the consumer goods sector for identifying the best investment opportunities. These analysts outperformed their peers with their stock picking and generated significant returns through their recommendations.
TipRanks used its Experts Center tool to identify the pros with a high success rate, and analyzed each stock recommendation made by analysts in the consumer goods sector over the past decade.
The ranking highlights the analysts’ ability to deliver returns from their recommendations. TipRanks’ algorithms calculated the statistical significance of each rating, the analysts’ overall success rate and the average return. Further, each rating was measured over one year.
Top 10 analysts from the consumer goods sector
The image below shows the most successful Wall Street analysts from the consumer goods sector.
1. John Baugh – Stifel Nicolaus
John Baugh tops the list. Baugh has an overall success rate of 63%. His best rating has been on RH (NYSE:RH), a leading retailer of luxury home furnishings. His buy call on RH stock from March 31, 2020, to March 31, 2021, generated a solid return of 493.8%.
2. Paul Quinn – RBC
Paul Quinn is second on this list and has a success rate of 58%. Quinn’s top recommendation is Interfor (TSE:IFP), a Canadian company offering a diverse range of lumber products. The analyst generated a profit of 440.2% through his buy recommendation on Interfor stock from May 8, 2020, to May 8, 2021.
3. Anthony Pettinari – Citi
Citi analyst Anthony Pettinari ranks No. 3 on the list. Pettinari has a success rate of 69%. His best recommendation has been on Lennar (NYSE:LEN), a home construction company. The analyst generated a return of 161.2% through a buy recommendation on LEN from April 15, 2020, to April 15, 2021.
4. Sam Poser – Williams Trading
Sam Poser bags the fourth spot on the list. The analyst has a 53% overall success rate. Poser’s best recommendation has been on Crocs (NASDAQ:CROX), a footwear company. His buy call on CROX stock generated a 375.5% return from May 13, 2020, to May 13, 2021.
5. Martin Landry – Stifel Nicolaus
Fifth-place analyst Martin Landry has a success rate of 57%….
Click Here to Read the Full Original Article at Investing…
[ad_2]
[the_ad id="21476"]