3 stocks to make your portfolio smart (er)

Macroeconomic conditions including rising interest rates and rising inflation are causing investors to sell stocks. As earnings season kicks in, investors fear whether internet giants like Alphabet (The Googleand amazonAMZN) will be able to maintain its high growth in this environment.

Until Netflix’s latest Q1 earnings (NFLX) was not too reassuring to investors, as the broadcasting giant reported the loss of its first subscriber in more than a decade.

In such a volatile scenario, where do investors leave? TipRanks has the answer.

The TipRanks Smart Portfolio allows investors to benchmark their portfolios against the best performing portfolios on TipRanks and gain valuable insights. The best performing wallets on TipRanks are the top 10% of the wallets on TipRanks, which consistently outperform the markets.

Investors can use the Smart Portfolio tool to track their portfolios against the best performing portfolios based on asset allocation (by sector and asset level), and dividend yield.

Let’s take a look at stocks that are among the top three performing portfolios on TipRanks.

Apple comprises 18.2% of the top performing wallets on TipRanks. The tech giant is expected to announce second-quarter results on April 28.

Brian White, analyst at Monness Crespi Hardt, forecast revenue of $98.8 billion and earnings of $1.54 per share for AAPL’s second quarter.

White’s forecast assumes a 20% decline in revenue qoq, still “better than the four-year average of 30% qoq decline” [quarter-over-quarter] quarters of last March.

The top-rated analyst remains bullish on the stock with a buy rating, as “the successful establishment of AAPL’s robust services business has provided the market with greater confidence in the company’s long-term business model.”

White is also positive about AAPL’s expansion of its product portfolio and its “work on a pipeline of new innovations.” Moreover, the analyst feels that amid the overall uncertainty, investors are likely to be more attracted to “large, well-managed tech companies with strong balance sheets that are benefiting from digital transformation, such as Apple.”

Analyst’s target price is $199 per share.

Other Wall Street analysts are also bullish on AAPL, with a strong consensus rating for buy based on 23 longs and six contracts. The average forecast for AAPL stock is $193.11, indicating a potential for a 17.3% rally at current levels.

Tesla is the second most popular stock among the top performing portfolios on TipRanks, comprising 11.5% of these portfolios. Tesla posted stunning first-quarter results earlier this week as quarterly earnings more than tripled year-over-year to $3.22 per share, topping analysts’ estimates of $2.26 per share.

The electric vehicle manufacturer’s revenue rose 81% year-over-year to $18.8 billion, topping Street’s estimate of $17.8 billion.

As a result, Deutsche Bank analyst Emmanuel Rosner sees TSLA as “the best choice among automakers in the current environment thanks to its pricing power, robust execution, and securing the components necessary to support this year’s volume targets.”

After the first-quarter results, the analyst repeated the stock purchase and raised the target price to $1,250 from $1,200.

However, the rest of the analysts on the street do not support Rosner and are cautiously optimistic, with a consensus rating of moderate buy based on 16 buys, seven longs and five shorts. The median forecast for TSLA stock is $1,060.89, indicating a potential for a 4.9% rise from current levels.

Microsoft makes up about 8% of the top performing wallets on TipRanks. However, the stock has struggled amid a widespread tech sell-off and is down 16% year-to-date.

Michael Touraine, an analyst at Wells Fargo, remains bullish on the stock, and believes that while Street is focused on MSFT’s cloud business, Azure’s “productivity and business operations segment has quietly increased growth across every major business, benefiting from one of the biggest shifts in the industry.” History of Business Users”.

The analyst is also optimistic about Microsoft’s long-term growth prospects, and believes that “Microsoft’s dominant position (~90% production share) continues to provide a broad base for natural LT. [long term] Cross selling opportunities (+ pricing power) are somewhat underappreciated at the moment.”

While the analyst has a buy rating on the stock, Turrin lowered the target price to $400 from $425.

Other Wall Street analysts stand with Turrin and have a strong consensus buy rating based on 26 unanimous buys. The median forecast for MSFT stock is $371.13, indicating a potential for a 33.8% rally from current levels.

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It seems that these stocks can certainly give investors good returns over time.

Additionally, analysts are also bullish on these stocks, indicating that they may be well-positioned to weather macroeconomic headwinds.

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