Analyst Matt Ramsay of research firm TD Cowen is our TipRanks All-star Star of the Day! Ramsay ranks #18 out of the 8,370 Wall Street analysts tracked by TipRanks. Remarkably, Ramsay boasts an overall success rate of 65% and has had an average return of 26.60% in the past year. This means that if you had followed Ramsay’s stock recommendations, you could have earned average returns of 26.60% to date in a year.
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Ramsay’s expertise lies in the Technology Sector and spans the U.S., U.K., Germany, and Canadian Markets. On viewing his stock distributions, you can see that Ramsay has zero Sell ratings on any tech stocks, confirming his bullish view of the sector. At the same time, the analyst has given 78.17% Buy ratings and 21.83% Hold ratings on the stocks he tracks.
To date, Ramsay’s best rating was a Buy call on chip maker Nvidia (NASDAQ:NVDA). The analyst earned a humongous 246% return on the call between January 12, 2016, and January 12, 2017.
When we look at Ramsay’s recommendation on Nvidia, we see that since 2018 until date, Ramsay has had a 93% success rate on the stock. Plus, he has earned average returns of 101.10% to date. This indicates that following phenomenally successful analysts’ ratings can add much-needed profit to our portfolios. You can view the list of Top Analysts on TipRanks and choose to follow the best analysts.
