The TipRanks All-star Analyst of the Day title goes to Loop Capital Markets analyst Ananda Baruah. Remarkably, Baruah ranks #369 out of the 8,761 Wall Street analysts tracked by TipRanks. One of the key stocks in his coverage is Super Micro Computer (NASDAQ:SMCI), a provider of high-performance server solutions, for which he is both the Most Accurate and Most Profitable analyst.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Most Profitable and Accurate Analyst on SMCI Stock
When we look at Baruah’s recommendation for SMCI, we see that over the past year, the analyst has had an impressive 100% success rate on the stock. Plus, he has earned an average return of 267.81% in the said period.
On an overall basis, copying Baruah’s trades and holding them for a year would give you an average return of 14.9%, with 53% of your trades generating a profit.
Baruah primarily focuses on the Technology sector in the U.S. market. Interestingly, his most profitable rating to date is also a Buy on SMCI stock. To date, The analyst has earned an impressive 706.4% return on the call made on May 3, 2023.
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.
