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TipRanks used its Experts Center tool to find the analysts sporting a high success rate. TipRanks' algorithms calculated the statistical significance of each rating, analysts' overall success rate, and the average return. Top 10 analysts from the consumer goods sectorThe image below shows the most successful Wall Street analysts from the industrial goods sector. The buy recommendation generated a return of 134.8% from May 14, 2020 to May 14, 2021. Christopher Glynn - OppenheimerChristopher Glynn has the 10th spot on the list, with a success rate of 60%.
Persons: CARR, Spencer Platt, TipRanks, Kenneth Herbert, Herbert, Leonardo, Stephen Volkmann, Jefferies Stephen Volkmann, Parker Hannifin, Seth Weber, Weber, Benoit Poirier – Desjardins Benoit Poirier, Keith Hughes, Stanley Elliott, Stifel Nicolaus, Andrew Kaplowitz, Julian Mitchell –, Julian Mitchell, Mitchell, Gautam Khanna —, Cowen Gautam Khanna, Christopher Glynn, Oppenheimer Christopher Glynn Organizations: New York Stock Exchange, Getty, RBC, Leonardo DRS, DRS, Wells, Herc Holdings, TFI, Truist, Caterpillar, Citi Citigroup, Julian Mitchell – Barclays, Barclays, Carrier, Johnson Locations: New York City, Wells Fargo Wells, Symbotic, Generac
Investors should load up on General Electric heading into 2023, according to Oppenheimer. Analyst Christopher Glynn upgraded the industrial giant to outperform from perform, saying several factors are boosting confidence in the stock next year, including a planned spinoff of its health care division and strong momentum for its aviation business. "Our Outperform rating reflects strong Aviation momentum along industry recovery path, with strong execution amidst widespread industry supply-chain challenges impacting the commercial business and internal production challenges serving military markets," Glynn wrote in a Monday note. General Electric is planning to split into three separate public companies by early 2024, separated into GE Aerospace, GE HealthCare and GE Vernova . General Electric has performed better than the S & P 500 this year, down just 10% compared to the 17% fall in the broader market index.
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