The TipRanks All-star Analyst of the Day title goes to analyst Michael Walkley of Canaccord Genuity. Remarkably, Walkley ranks #104 out of the 9,440 Wall Street analysts tracked by TipRanks. One of the key stocks in his coverage is Apple (AAPL), for which he is the Best analyst over a one-year time frame.
AAPL is a technology company known for its consumer electronics, software, and services, including the iPhone, Mac, and App Store. For a thorough assessment of the stock, go to TipRanks’ Stock Analysis page.
Best Analyst on AAPL Stock over One Year
When we look at Walkley’s recommendation for AAPL stock, we see that over the past year, Walkley has had an 95% success rate on the stock. Plus, he has earned an average return of 37.02% in the said period.
On an overall basis, copying Walkley’s trades and holding them for a year would give you an average return of 17.90%, with 58% of your trades generating a profit.
Not Just AAPL
Walkley primarily focuses on covering the Technology sector in the U.S., Canadian and UK markets. Importantly, his most profitable rating to date was a Buy on Orbcomm, a global provider of Internet of Things (IoT) and machine-to-machine (M2M) communication solutions. The analyst earned a massive 430.80% return on the call between March 24, 2020, and March 24, 2021.
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.