This Analyst With 85% Accuracy Rate Sees Over 30% Upside In Uber - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts

U.S. stocks notched gains last week, with the Dow gaining 2.16% to record its fourth positive week in a row. The S&P 500 gained 1.85%, gaining for the third straight week.

Wall Street analysts make new stock picks on a daily basis. Unfortunately for investors, not all analysts have particularly impressive track records at predicting market movements. Even when it comes to one single stock, analyst ratings and price targets can vary widely, leaving investors confused about which analyst’s opinion to trust.

Benzinga’s Analyst Ratings API is a collection of the highest-quality stock ratings curated by the Benzinga news desk via direct partnerships with major sell-side banks. Benzinga displays overnight ratings changes on a daily basis three hours prior to the U.S. equity market opening. Data specialists at investment dashboard provider Toggle.ai recently uncovered that the analyst insights Benzinga Pro subscribers and Benzinga readers regularly receive can successfully be used as trading indicators to outperform the stock market.

Top Analyst Picks: Fortunately, any Benzinga reader can access the latest analyst ratings on the Analyst Stock Ratings page. One of the ways traders can sort through Benzinga’s extensive database of analyst ratings is by analyst accuracy. Here’s a look at the most recent stock picks from each of the five most accurate Wall Street analysts, according to Benzinga Analyst Stock Ratings.

Analyst: Richard Davis

• Analyst Firm: Canaccord Genuity
• Ratings Accuracy: 88%
• Latest Rating: Maintained a Buy rating on  HubSpot, Inc. HUBS and cut the price target from $750 to $700 on May 9. This analyst sees around 17% upside in the stock.
• Recent News: On May 8, HubSpot posted upbeat results for its first quarter, but issued soft second-quarter revenue guidance.

Analyst: Mark Kelley

• Analyst Firm: Stifel
• Ratings Accuracy: 87%
• Latest Rating: Maintained a Buy rating on The Trade Desk, Inc. TTD with a Buy rating and increased the price target from $100 to $105 on May 9. This analyst sees around 21% downside in the stock.
• Recent News: On May 8, Trade Desk reported quarterly earnings of 26 cents per share which beat the analyst consensus estimate of 21 cents by 23.81%.

Analyst: William Stein

• Analyst Firm: Truist Securities
• Ratings Accuracy: 87%
• Latest Rating: Maintained a Hold rating on Diodes Incorporated DIOD and raised the price target from $67 to $74 on May 10. This analyst sees around 7% upside in the stock.
• Recent News: On May 9, Diodes reported worse-than-expected first-quarter financial results.

Analyst: Zachary Fadem

• Analyst Firm: Wells Fargo
• Ratings Accuracy: 86%
• Latest Rating: Maintained an Overweight rating on The Home Depot, Inc. HD and cut the price target from $425 to $400 on May 9. This analyst sees about 16% gain in the stock.
• Recent News: Home Depot is expected to release earnings results for its first quarter, before the opening bell on May 14.

Analyst: Justin Post

• Analyst Firm: B of A Securities
• Ratings Accuracy: 85%
• Latest Rating: Maintained a Buy rating on Uber Technologies, Inc. UBER and cut the price target from $91 to $87 on May 9. This analyst sees over 30% upside in the stock.
• Recent News: On May 8, Uber posted weaker-than-expected fiscal first-quarter financial results.

Read More: How To Earn $500 A Month From Home Depot Stock Ahead Of Q1 Earnings