.svg)
Latest Business News
The Top 10 Industrial Goods Analysts for the Past Decade
The increase in economic activity across residential, commercial, and industrial sectors over the last decade has presented opportunities to invest in the industrial goods sector. In recognition of the most successful Wall Street analysts, TipRanks has compiled a list of the top 10 analysts for the industrial goods sector, whose stock picking has consistently earned noteworthy returns through their recommendations.
Kenneth Herbert - Overall Success Rate 64%
Topping the list is Kenneth Herbert with an overall success rate of 64%. His best rating has been on Leonardo DRS (NASDAQ:DRS), a defense contractor. His buy call on DRS stock from April 2, 2020 to April 02, 2021, generated a sharp return of 244.5%.
Stephen Volkmann - Overall Success Rate 68%
Stephen Volkmann secures the second place with a success rate of 68%. Volkmann's top recommendation is Parker Hannifin (NYSE:PH), a company that specializes in motion and control technologies. The analyst generated a profit of 166.4% through his buy recommendation on PH stock from March 27, 2020 to March 27, 2021.
Seth Weber - Overall Success Rate 66%
Wells Fargo analyst Seth Weber has a success rate of 66%. His best recommendation has been on Herc Holdings (NYSE:HRI), an equipment rental firm. The analyst generated a return of 359.5% through a buy recommendation on HRI from April 17, 2020 to April 17, 2021.
Benoit Poirier - Overall Success Rate 67%
Securing the fourth spot on the list, Benoit Poirier has an overall success rate of 67%. Poirier's best recommendation to date was for TFI International (TSE:TFII), a transportation and logistics company. The analyst generated a profit of 215.20% through his buy recommendation on Tfii stock from April 22, 2020 to April 22, 2021.
Keith Hughes - Overall Success Rate 62%
Fifth place analyst Keith Hughes has a success rate of 62%. His best recommendation is Builders FirstSource (NYSE:BLDR), a leading supplier of building materials. The analyst delivered a profit on this stock of 284.6% from April 16, 2020 to April 16, 2021.
Stanley Elliott - Overall Success Rate 69%
Stanley Elliott takes the sixth position with a 69% success rate. Elliott's top recommendation was for Caterpillar (NYSE:CAT), a leading manufacturer of construction and mining equipment. Through the buy call on CAT stock, the analyst generated a solid return of 149.3% from March 16, 2020 to March 16, 2021.
Andrew Kaplowitz - Overall Success Rate 65%
Citigroup analyst Andrew Kaplowitz ranks seventh on this list, with a success rate of 65%. Kaplowitz's best call was a buy on the shares of Symbotic (NASDAQ:SYM), a warehouse automation company. The recommendation generated a return of 300% from November 22, 2022 to today.
Julian Mitchell - Overall Success Rate 66%
Julian Mitchell of Barclays secures the eighth position with an overall success rate of 66%. The analyst's top recommendation was for Carrier Global (NYSE:CARR), a provider of intelligent climate and energy solutions. The buy call generated a solid return of 145.4% from May 11, 2020 to May 11, 2021.
Gautam Khanna - Overall Success Rate 68%
Gautam Khanna ranks ninth on the list with a 68% success rate. His top call was made on Johnson Controls (NYSE:JCI), a company that creates infrastructure and building safety solutions. The buy recommendation generated a return of 134.8% from May 14, 2020, to May 14, 2021.
Christopher Glynn - Overall Success Rate 60%
Christopher Glynn takes the 10th spot on the list with a success rate of 60%. Glynn's best decision to date has been a buy on shares of Generac (NYSE:GNRC), an energy technology company providing advanced power grid software solutions and backup and prime power systems. The recommendation generated a return of 284.2% from March 23, 2020 to March 23, 2021.
By following the ratings of the top analysts in the industrial goods sector, investors could make informed investment decisions that could potentially yield noteworthy returns. Stay tuned for the top 10 analysts of the decade in the Utilities sector.
The list of top 10 industrial goods analysts over the past decade showcases their ability to identify companies with the potential for high returns. While it would be tempting to solely rely on their recommendations, new businesses should use this information as a starting point for their research. Besides, the analysts' past performance doesn't guarantee future success, as there is always a risk associated with investing.
However, the list highlights the importance of thoroughly researching investment opportunities in the industrial goods sector and considering the recommendations of these top analysts. Such research ensures that a new business stands a chance of earning significant returns and that the investment aligns with their core goals and values.
Additionally, since the list only covers the industrial goods sector, new businesses should conduct similar research across all the sectors and find sector-focused experts to gain better insights. Keeping tabs on industry experts and trend watchers yields better returns for all investors, from experienced investors to new businesses. By doing so, new businesses can get a headstart on their competition and keep their investments on track with the significant growth opportunities present across various markets.
