A Citibank sign outside one of the company’s offices in California.
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Rising household incomes over the past decade have helped boost the consumer goods sector, presenting a huge investment opportunity for those who know where to look.
TipRanks has identified the top 10 Wall Street analysts in the consumer staples sector to identify the best investment opportunities. These analysts outperformed their peers with their stock picks and made substantial returns with their recommendations.
Using its Expert Center tool, TipRanks identified experts with high success rates and analyzed every stock recommendation issued by analysts in the consumer staples sector over the past decade.
The rating highlights analysts’ ability to generate revenue from their recommendations. TipRanks algorithms calculated the statistical significance of each rating, the analysts’ overall success rate, and the average return. In addition, each rating was measured over a period of one year.
Top 10 analysts from the consumer goods sector
The figure below shows the most successful Wall Street analysts from the consumer goods sector.
1. John Baugh – Stifel Nicolaus
John Baugh tops the list. Baugh’s overall success rate is 63%. His best rating is open RH (NYSE: RH), a leading retailer of luxury home furnishings. His buy call on RH stock from March 31, 2020 to March 31, 2021 yielded a solid return of 493.8%.
2. Paul Quinn – RBC
Paul Quinn is second on this list with a 58% success rate. Here’s Quinn’s top tip Interfor (TSE: IFP), a Canadian company that offers a variety of wood products. The analyst made a 440.2% gain from May 8, 2020 to May 8, 2021 with a buy recommendation on Interfor shares.
3. Anthony Pettinari – Citi
Citi analyst Anthony Pettinari is No. 3 on the list. Pettinari’s success rate is 69%. He has the best recommendation Lennar (NYSE: LEN), a home construction company. The analyst made a 161.2% return from April 15, 2020 to April 15, 2021 with a buy recommendation on LEN.
4. Sam Poser – Williams Trading
The fourth place on the list is Sam Poser. The analyst has an overall success rate of 53%. Poser has the best recommendation Crocs (NASDAQ: CROX), a shoe company. His call on CROX stock returned 375.5% from May 13, 2020 to May 13, 2021.
5. Martin Landry – Stifel Nicolaus
Analyst Martin Landry, ranked fifth, has a 57% success rate. Here is his best advice Canopy growth (TSE: weeds), a Canadian cannabis company. From September 8, 2017 to September 8, 2018, the analyst made a profit of 580.8% on this stock.
6. Toshiya Hari – Goldman Sachs
The sixth place is taken by Toshiya Hari. The analyst’s success rate is 62%. His best recommendation was for a leading chip company Nvidia (NASDAQ: NVDA). With a buy call on NVDA stock, Hari posted a solid return of 206.4% from June 2, 2016 to June 2, 2017.
7. Chip Moore – EF Hutton
EF Hutton analyst Chip Moore is seventh on this list with a 61% success rate. Moore’s best call has been buying stocks Plug Power (NASDAQ: PLUG), a company focused on the development of hydrogen fuel cell systems. The recommendation brought a return of 382.5% from September 19, 2019 to September 19, 2020.
8. Michael Swartz – Truist Financial
In eighth place is Michael Swartz of Truist Financial. Swartz’s overall success rate is 49%. This is the main recommendation of the analyst MarineMax (NYSE: HZO), a retailer of recreational boats and yachts. Based on his buy call on HZO, Swartz had a 609.6% gain from March 20, 2020 to March 20, 2021.
9. Nick Modi – RBC
Nick Modi is ninth on the list. The analyst has a 65% success rate. He has the best recommendation Boston beer (NYSE: SAM), offering craft beer. The buy recommendation returned 230.2% from March 23, 2020 to March 23, 2021.
10. Mark Astrachan – Stifel Nicolaus
Mark Astrachan is 10th on the list with a 65% success rate. Astrachan’s best call has been to buy back its shares Celsius Holdings (NASDAQ: CELH), a consumer packaged goods company focused on lifestyle energy drinks. The recommendation yielded 174.5% from May 11, 2022 to May 11, 2023.
Investors can track top analysts’ ratings to help them make an informed investment decision. We’ll be back soon with the top 10 analysts of the last decade in the service sector.