Sell-Side Analysts And Bloggers: H1 2014 List Of Best (And Worst) Calls
Over the past six months there has been a lot of change in the US economy. Many companies have boomed and some have busted. In June alone, the US economy added 288,000 jobs and the Dow hit a record breaking 17,000 points. While some company’s shares soared, others were left in the dust.
HALL OF FAME
When stocks soar, there is great potential to make a nice earning. These analysts correctly rated the best stocks a BUY at prime times to help maximize returns. However, BUYs are not the only great calls in investing. It is equally impressive when a financial expert is able to predict the downfall of a stock, saving the investor from seeing their earning plunge.
Let’s take a look at the analysts that correctly recommended BUYs and SELLs for the first half of 2014.
Sell-Side Analysts and Bloggers – Best Stocks
Over the past six months, Newfield Exploration (NYSE:NFX) stock reported a +79% jump in value, becoming the best performing stock of the first half of 2014! On January 13, 2014, Thomas Driscoll of Barclays, maintained a Buy rating on this stock. According toTipranks.com, which measures analysts and bloggers success rate based on how their calls perform, analyst Thomas Driscoll currently has an average return of 10.8% and an overall success rate of 75%. Driscoll has a +39.2% average return when recommending Newfield Exploration.
Nabors Industries (NBR): +73%
The second highest performing stock these past six months was Nabors Industries (NYSE:NBR). Nabor’s stock rose +73% during this period.
Mike Urban of Deutsche Bank maintained a Buy rating on the stock on October 24, 2013. In a Deutsche Bank report, it was noted that, “The company cites Nabors’ better than average fleet, including a large number of high- end rigs in the United States and strong international business to drive growth”. Mike Urban has an overall 85% success rate and a +27.9% average return. He has a 100% success rate and an average return of +73.2% when recommending NBR.
The third highest performing stock is Forest Laboratories (FRX), which has gone up by 65% since early January.
Analyst John Eade of Argus Research maintained a Buy rating on FRX on January 14, 2014. Argus noted in a report, that they “suggest a potential upside of 13.69% from the company’s current price”. John Eade has an overall 87% success rate and a +17.1% average return. He has a 100% success rate and an average return of +60.3% when recommending Forest Laboratories.
Keurig Green Mountain (NASDAQ:GMCR) has also gone up by 65% during the past six months. Chris Dow a blogger from TheStreet.com recommended investors to buy the stock on when the price was $76.38. When Dow recommended investors to buy this stock on January 6, 2014, he wrote, “The company’s strengths can be seen in multiple areas, such as its revenue growth largely solid financial position with reasonable debt levels by most measures, notable return on equity, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results”. This strong assessment of the company, and positive prediction, has helped earn Chris Dow an overall 77% success rate and a +8.6% average return. He has a 100% success rate and an average return of +60.1% when recommending Keurig Green Mountain.
Electronic Arts (EA): +56%
Rounding out the top five list, Electronic Arts (NASDAQ:EA) reported a +56% increase in their stock price for the first half of the year. Matthew Frankel, a top ranked blogger from Motley Fool rated Electronic Arts a Buy back in as early as November 2, 2013, explaining that, “With the new launch of the new consoles expected before the holiday season, there will undoubtedly be an immediate impact on the game developers. Sony’s PlayStation 4 is set to launch in North America on Nov. 5, at an introductory price of $399. The enhanced architecture of the new system has been met with almost universal praise, as did features such as a removable and upgradeable hard drive. Microsoft’s Xbox One will be released a week later on Nov. 22, and at a price of $499, $100 higher than the PS4. Critics have been mixed in their praise of the new Xbox, thinking that the higher price and later release date could crush its holiday sales figures. The list of games already scheduled for the two consoles is extensive and on EA’s end already includes such titles as Battlefield 4, NBA Live ’14, Need for Speed Rivals, Madden NFL 25, as well as several others that should be available for this holiday season.” Frankel’s ability to see the potential of the new systems’ impact on Electronic Arts helped earn him an overall 74% success rate and a +17.7% average return. He has a 100% success rate and an average return of +38.5% when recommending Electronic Arts.
Sell-Side Analysts and Bloggers – Worst Stocks
Coach (COH): -39%
At the top of the list for the worst performing stock for the first half of 2014 was Coach (NYSE:COH), which decreased in value by 39%. Top ranked analyst Michael Olsen of Motley Fool recommended a Sell rating on January 22, 2014, noting that, “They [Coach] missed big in North America” the analyst went on to say that, “Consumer tastes are evolving their positioning within the market is somewhat dubious and they don’t really seem to be resonating with their core customers, it’s just a tough spot to be in”. Michael Olsen has an overall success rate of 69% and and average return of +9.2%. In regards to Coach, he has a 100% success rate and a +38.5% average return.
Whole Foods (WFM): -33%