He might have just started making recommendations, but take a look at that starting record! Robert W. Baird analyst Ben Kallo is already ranked 61 out of 2381 analysts and has +22.3% average return over S&P-500 with a 100% success rate of recommended stocks!
Ben’s focus on energy technology and resource management has already led him to recommend Tesla Motors (TSLA) and SolarCity Corp (SCTY).
In fact, Ben’s first recommendation to BUY Tesla (TSLA) earned him his highest return. Ben was “confident that the company [would] achieve its production estimates for the Gen III model given its strong cash position, and the success of its Model S vehicle.” Ben added that “Tesla has a leading position within the industry in terms of battery costs,” which led Ben to believe “the price [will] reduce further as innovations in lithium-ion technology become widespread.” Ben earned +40.0% over S&P-500!
Following this successful recommendation, Ben maintained his BUY TSLA recommendation, expecting strong production and deliveries from the company’s second quarter earnings of 2013. Ben expected TSLA “to surpass its Model S deliveries target of 21k vehicles for 2013,” and he expected “improvement in the gross margins,” due to “the price increase of the Model S along with other factors including production efficiencies, and breakpoints from suppliers.” Ben walked away from this recommendation with a +27.5% measured performance over S&P-500.
After SolarCity (SCTY) sold their first bonds backed by revenue from rooftop solar projects, Ben recommended BUY SCTY. He argued “we expect additional securitizations to occur as SCTY continues to install PV systems” and that securities backed by revenue from solar panels, “could merit a lower cost of capital as investors become increasingly comfortable with financing the project.” This recommendation earned him +17.6% over S&P-500, shortly followed by another successful BUY SCTY recommendation, earning him another +11.3%.
Most recently, Ben recommended BUY TSLA following its fourth quarter results, which reported the delivery of 6,900 Model S sedans. More than 25,000 Model S cars are now on the road, and the company successfully achieved the target of delivering 25,000 vehicles in 2012 and 2013. Ben’s recommendation has earned him +15.3% over S&P-500.
This is just the beginning for Ben, but he is off to a great start. To continue following Ben’s recommendations, as well as other analyst recommendations, download TipRanks, and start making financial decisions with advice you can trust.
