When we decided to list the top 10 TipRanks analysts based on a one-year performance of their recommendations (as of Jan. 18), we had some decisions to make regarding benchmarks. We chose to rate them based on their performance versus their particular sector. If we chose to rate them versus the S&P 500 that could skew the rating to analysts focusing on the sectors that outperformed the broader market.
Despite this, we found a concentration in two sectors: Basic materials and technology. Perhaps that is because both sectors are so broad. The top analyst Orest Wowkodaw from Scotiabank, is the #1 analyst from a field of 4,355.