The TipRanks All-star Analyst of the Day title goes to Cantor Fitzgerald analyst Jonathan Ruykhaver. Remarkably, Ruykhaver ranks #10 out of the 8,548 Wall Street analysts tracked by TipRanks. One of the key stocks in his coverage is Palo Alto (NASDAQ:PANW), for which he is both the Most Accurate and Most Profitable analyst.
Don't Miss out on Research Tools:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Most Profitable and Accurate Analyst on PANW Stock
When we look at Ruykhaver’s recommendation for Palo Alto Networks, one of the leading cybersecurity companies, we see that over the past year, the analyst has had a 94% success rate on the stock. Plus, he has earned an average return of 36.41% in the said period.
On an overall basis, copying Ruykhaver’s trades and holding them for a year would give you an average return of 8.2%, with 64% of your trades generating a profit!
Not Just PANW
Ruykhaver primarily focuses on covering the technology sector in the U.S. market. Importantly, his most profitable rating to date is a Buy on another cybersecurity stock (NASDAQ:ZS). The analyst earned a 159.4% return on the call between March 12, 2020 and June 12, 2020.
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.
