Wall Street’s top analysts are betting on buy-rated stocks like DraftKings and Etsy right now

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Your weekend brief: Wall Street’s top analysts are betting on buy-rated stocks like DraftKings and Etsy right now

"We are encouraged with site visits in September and see a robust product pipeline ahead" applauded the analyst. Specifically, September visits to the Peloton site , accelerated vs August at 129%. And with a correlation between website visits and gross subscriber adds, this suggests September additions remained strong post Peloton's 9/10 earnings call.

Meanwhile bike delivery delays have continued since March and are now at 4-8 weeks, below the year-to-date peak at 7-11 weeks, but still extended. According to Post, data suggests that order backlog should help support a strong F2Q'21. Plus a new factory coming online in December is set to double capacity and enable the new treadmill production ramp.

"We reaffirm our Buy and include Peloton in our "in-home" stock group that should benefit from a longer-term change in consumer habits" concluded Post on October 5. He is ranked #30 out of 6,976 tracked analysts, with a strong 25% average return per rating.Cloud stock Twilio has just held its first analyst day in nearly three years. And word on the Street is that the event exceeded expectations.

"A 4-year, 30%+ growth outlook cements TWLO as a member of our high growth comp group for nearly another half decade minimally" cheered five-star RBC Capital analyst

 

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Short DraftKings and Etsy

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