Wall Street’s top analysts are betting on stocks like Apple and Snap this earnings season

With earnings season gathering pace, now is the time to re-evaluate your portfolio. However, in such an unpredictable environment, investors need to be particularly savvy when making critical investing decisions.

Evan Spiegel standing in front of a body of water: Evan Spiegel, CEO and co-founder of Snap Inc.

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Evan Spiegel, CEO and co-founder of Snap Inc.

“Markets are now hoping for (and trading on) a smooth election, a big stimulus, the end of the pandemic, and the economy being back to 2019 normal early next year,” said Brad McMillan, chief investment officer at Commonwealth Financial Network. This makes the market particularly vulnerable to disappointment. Indeed, the S&P 500 pulled back this week as stimulus hopes wane and corona fears resurface.


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In order to find compelling investing opportunities, it’s worth following the latest stock recommendations from analysts with a proven track record of success. TipRanks analyst forecasting service attempts to pinpoint Wall Street’s best-performing analysts. These are the analysts with the highest success

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Is Wall Street Ready To Embrace Ad Tech (Again)?

Murmurs have circulated in recent weeks that several ad tech companies are preparing initial public offerings, contributing to the most robust IPO market in five years.

Adweek spoke with several analysts in the space to gauge if the recent reports indicate a repeat of past investment crash-and-burn bubbles, or whether the industry is entering a new period of substantive value and growth.

This past week, Bloomberg reported DoubleVerify is preparing for an IPO with the content verification company reportedly seeking to raise $500 million, with a valuation of $5 billion.   

And in early October, CNBC reported that AppLovin—a $2 billion company that has ad tech lineage, but has increasingly shifted to mobile gaming—appointed Morgan Stanley to make preparations for an IPO expected in 2021.

Echoes of the early 2010’s

Such dramatic activity in rapid succession struck investment analysts with surprise, as the fairly recent performance history of ad tech in

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