Traders work on the floor of the New York Stock Exchange (NYSE) on June 14, 2023 in New York City.
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The increase in economic activity in industrial, residential and commercial spaces over the past decade has pushed the industrial property sector up, providing opportunities for investment.
TipRanks recognized the top 10 analysts in the industrials sector who outperformed their peers with their stock selection and delivered outstanding returns with their recommendations.
TipRanks used its Experts Center tool to find analysts with a high success rate. We have analyzed all recommendations from industry analysts over the past 10 years. TipRanks’ algorithms calculated the statistical significance of each rating, the overall analyst hit rate, and the average return. In addition, these recommendations were measured over one year.
Top 10 Consumer Goods Industry Analysts
The image below shows Wall Street’s top performing analysts in the Industrials sector.
1. Kenneth Herbert – RBC Capital
Kenneth Herbert head of list. Herbert has an overall pass rate of 64%. His highest rating was on Leonardo DRS (NASDAQ:DRS), a defense contractor. Its call to buy DRS shares from April 2, 2020 to April 02, 2021 generated a net return of 244.5%.
2. Stephen Volkmann – Jefferies
Stephen Volkmann is second on the list with a success rate of 68%. Volkmann’s main recommendation is Parker Hannifin (NYSE:PH), a company specializing in motion and control technologies. The analyst generated a profit of 166.4% on his buy recommendation on PH stock from March 27, 2020 to March 27, 2021.
3. Seth Weber – Wells Fargo
Wells Fargo analyst Seth Weber ranks No. 3 on the list. Weber has a success rate of 66%. His top recommendation was on Herc Holdings (NYSE: HRI), an equipment rental company. The analyst generated a 359.5% return on a Buy recommendation on HRI from April 17, 2020 to April 17, 2021.
4. Benoit Poirier – Desjardins
Benoit Poirier takes fourth place on the list. The analyst has an overall success rate of 67%. Poirier’s best recommendation was on TFI International (EAST: TFII), a transport and logistics company. The analyst generated a profit of 215.20% thanks to his buy recommendation on Tifi stock from April 22, 2020 to April 22, 2021.
5. Keith Hughes-Truist Financial
Fifth-place analyst Keith Hughes has a hit rate of 62%. His top recommendation is Builders FirstSource (NYSE: BLDR), a leading supplier of building materials. The analyst posted a profit on this stock of 284.6% from April 16, 2020 to April 16, 2021.
6. Stanley Elliott – Stifel Nicolaus
Stanley Elliott takes sixth position. The analyst has a success rate of 69%. Elliott’s main recommendation was for Caterpillar (NYSE: CAT), a leading manufacturer of construction and mining equipment. Thanks to the call to buy on CAT stock, the analyst generated a solid return of 149.3% from March 16, 2020 to March 16, 2021.
7. Andrew Kaplowitz – Citi
Citigroup analyst Andrew Kaplowitz is seventh on this list, with a success rate of 65%. Kaplowitz’s best call was a purchase on shares of Symbotic (NASDAQ: SYM), a warehouse automation company. The recommendation has generated a return of 300% from November 22, 2022 to present.
8. Julian Mitchell – Barclays
In eighth position is Julian Mitchell of Barclays. Mitchell has an overall pass rate of 66%. The analyst’s top recommendation was for a provider of smart climate and energy solutions, Carrier Global (NYSE: CARR). Thanks to the call, the analyst generated a solid return of 145.4% from May 11, 2020 to May 11, 2021.
9. Gautam Khanna — TD Cowen
Gautam Khanna ranks ninth on the list. The analyst has a success rate of 68%. His first call was made to Johnson Controls (NYSE: JCI), a company that creates infrastructure and building security solutions. The Buy recommendation generated a return of 134.8% from May 14, 2020 to May 14, 2021.
10. Christopher Glynn-Oppenheimer
Christopher Glynn ranks 10th on the list, with a 60% pass rate. Glynn’s best call was a purchase of Generac stock (NYSE: GNRC), an energy technology company providing advanced power grid software solutions and standby and primary power systems. The recommendation generated a return of 284.2% from March 23, 2020 to March 23, 2021.
At the end of the line
Investors could follow the ratings of top analysts to make an informed investment decision. We’ll be back soon with the top 10 analysts of the last decade in the utilities sector.
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