Wall Street's 5 most accurate analysts share the stocks you should buy now for explosive returns in 2020

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Wall Street's 5 most accurate analysts share the stocks you should buy now for explosive returns in 2020
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Lucas Jackson/Reuters

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  • Sell-side analysts with expertise in specific sectors are extremely useful for identifying stocks that are likely to deliver the market's biggest gains.
  • TipRanks, a fintech company that measures the performance of sell-side analysts, ranked the top experts of 2019 and shared a stock they each rate as a "buy" right now.
  • Click here for more BI Prime stories.

The stock market's biggest gains are often found by striking gold in a few individual companies that widely outperform expectations.

For ideas on where to find these stocks, there's no vaster resource than the analysts who track every move companies make and provide recommendations to buy, sell, or hold.

But the flood of sell-side research can be overwhelming at times, making it imperative to sort through the noise and identify who is worth listening to.

TipRanks, a fintech company that measures the performance of sell-side analysts, has done just that by ranking the individuals who were most on the money in 2019. The company also shared with Business Insider one current buy-rated stock from each analyst that you can run with in 2020.

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TipRanks took two factors into consideration. The first was each analyst's overall success rate for 2019, defined as the share of their buy (or sell) recommendations that generated positive (or negative) returns. Secondly, the ranking considered the average return per recommendation in the quarter after it was made.

The list below is in ascending order of TipRanks' rating. The company also shared with Business Insider its commentary on each analyst, and one current buy-rated stock that you can run with in 2020.

All quoted portions are from TipRanks, some of which include comments directly from the analyst.

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