2024 was a dynamic year for the U.S. stock market, with the S&P 500 Index achieving over 20% growth for the second consecutive year. Factors like inflation, interest rates, geopolitical tensions, the U.S. presidential elections, and the rise of generative AI influenced market trends.
Leveraging TipRanks’ Experts Center Tool, here are the top 10 U.S. analysts, ranked by success rate, average return, and recommendation impact from October 2023 to September 2024.
1. Gerard Cassidy – RBC Capital
Success Rate: 88%
Average Return: 11.5%
Top Recommendation: Fifth Third Bancorp (FITB), delivering a 38.6% return (Oct. 19, 2023 – Jan. 19, 2024).
2. Chris Kotowski – Oppenheimer
Success Rate: 88%
Average Return: 14%
Top Recommendation: Carlyle Group (CG), with a 38.8% return (Aug. 6, 2024 – Nov. 6, 2024).
3. Ebrahim Poonawala – Bank of America Securities
Success Rate: 82%
Average Return: 10.2%
Top Recommendation: Western Alliance Bancorporation (WAL), yielding a 55.1% return (Oct. 20, 2023 – Jan. 20, 2024).
4. Mark Palmer – Benchmark Co.
Success Rate: 75%
Average Return: 23.3%
Top Recommendation: Bitdeer Technologies Group (BTDR), generating a 212.4% return (Sept. 25, 2024 – Dec. 25, 2024).
5. Mark Mahaney – Evercore ISI
Success Rate: 80%
Average Return: 14%
Top Recommendation: Meta Platforms (META), producing a 27.5% return (July 29, 2024 – Oct. 29, 2024).
6. Brent Thielman – D.A. Davidson
Success Rate: 79%
Average Return: 13.3%
Top Recommendation: Bowman Consulting Group (BWMN), delivering a 24.4% return (Nov. 8, 2023 – Feb. 8, 2024).
7. Christopher Allen – Citi
Success Rate: 85%
Average Return: 13.8%
Top Recommendation: Apollo Global Management (APO), achieving a 64.8% return (Sept. 11, 2024 – Dec. 11, 2024).
8. Daniel Fannon – Jefferies
Success Rate: 85%
Average Return: 11.1%
Top Recommendation: Blackstone Group (BX), returning 36.8% (Aug. 13, 2024 – Nov. 13, 2024).
9. Mike Mayo – Wells Fargo
Success Rate: 80%
Average Return: 8.2%
Top Recommendation: Fifth Third Bancorp (FITB), generating a 38.6% return (Oct. 19, 2023 – Jan. 19, 2024).
10. Michael Grondahl – Northland Securities
Success Rate: 70%
Average Return: 23.4%
Top Recommendation: Stryve Foods (SNAX), producing a remarkable 305.1% return (May 15, 2024 – Aug. 15, 2024).
Conclusion
Despite challenges like inflation and geopolitical risks, these analysts outperformed their peers with exceptional stock picks.
Following such experts can help investors maximize returns and navigate market complexities with confidence.
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