Is Wolfe Research a reliable analyst?

In short — Over 1 year, 59.1% of Wolfe Research's targets proved profitable, for an average gain of +11.5% per call (all calls, winners and losers) — i.e. +5.1% vs its sector, across 486 timestamped calls replayed against real prices. JPI verdict: fairly reliable. An analyst can be good in one sector and poor in another — details below.

59.1%profitable calls

+11.5%avg gain / call

+5.1%vs sector

486scored calls

In which sectors is Wolfe Research reliable?

Sector

Calls

% profitable

Avg gain 2015+

Avg gain 2020+

Last 12 months

▸ Comm.

66.7%

+24.5%

-8.2% (4)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
FOXA	▲ Outperform	Jul 1, 26	Jul 1, 27	$56.48	🎯$71	$54.92	+26%	-3% so far
NFLX	▲ Outperform	Jan 21, 26	Jan 21, 27	$83.54	🎯$95	$76.18	+14%	-9% so far
TTD	▲ Outperform	Jan 6, 26	Jan 6, 27	$39.74	🎯$45	$19.18	+13%	-52% so far
GOOGL	▲ Outperform	Oct 30, 25	Oct 30, 26	$281.19	🎯$350	$367.03	+24%	+31% so far
LYV	▲ Outperform	Jun 10, 25	Jun 10, 26	$143.71	🎯$168	$168.14	+17%	+16.6%
DIS	▲ Outperform	Apr 21, 25	Apr 21, 26	$86.09	🎯$112	$105.03	+30%	+21.8%
FOXA	▼ Underperform	Apr 7, 25	Apr 7, 26	$47.45	🎯$48	$60.26	+1%	-26.9%
LYV	▲ Outperform	Feb 25, 25	Feb 25, 26	$144.46	🎯$165	$154.57	+14%	+7.5%

Sample (4 recent finished + 4 in progress) of 60 calls.

▸ Industry

59.8%

+13.1%

+14.6%

+1.0% (10)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
HON	▲ Outperform	Feb 27, 26	Feb 27, 27	$260.14	🎯$293	$225.05	+13%	-13% so far
WAB	▲ Outperform	Jan 8, 26	Jan 8, 27	$222.44	🎯$245	$259.19	+10%	+17% so far
UBER	▲ Outperform	Jan 6, 26	Jan 6, 27	$85.54	🎯$110	$74.33	+29%	-13% so far
ETN	▲ Outperform	Dec 9, 25	Dec 9, 26	$341.76	🎯$413	$395.68	+21%	+16% so far
FAST	▼ Underperform	Nov 13, 25	Nov 13, 26	$40.75	🎯$43	$47.11	+6%	+16% so far
OTIS	▲ Outperform	Oct 8, 25	Oct 8, 26	$91.25	🎯$109	$73.43	+19%	-20% so far
VRSK	▲ Outperform	Sep 3, 25	Sep 3, 26	$270.05	🎯$320	$192.25	+18%	-29% so far
CMI	▲ Outperform	Aug 11, 25	Aug 11, 26	$388.31	—	$660.14	—	+70% so far

Sample (0 recent finished + 8 in progress) of 97 calls.

▸ Materials

61.1%

+13.4%

+13.9%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
FCX	▲ Outperform	Apr 16, 25	Apr 16, 26	$33.32	🎯$39	$68.31	+17%	+104.9%
VMC	▲ Outperform	Apr 10, 25	Apr 10, 26	$235.58	—	$294.48	—	+25.4%
CF	▲ Outperform	Mar 1, 24	Mar 1, 25	$79.86	—	$78.26	—	-2.4%
APD	▲ Outperform	Mar 1, 24	Mar 1, 25	$238.41	—	$309.93	—	+30.3%
IFF	▼ Underperform	Mar 1, 24	Mar 1, 25	$76.04	—	$80.6	—	-6.4%
CTVA	▲ Outperform	Mar 1, 24	Mar 1, 25	$53.61	—	$60.58	—	+12.7%
LYB	▼ Underperform	Mar 1, 24	Mar 1, 25	$99.45	—	$73.59	—	+26.2%
MOS	▲ Outperform	Mar 1, 24	Mar 1, 25	$31.63	—	$23.41	—	-26.2%

Sample (8 recent finished + 0 in progress) of 18 calls.

▸ Tech

64.1%

+12.5%

+142.6% (21)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
MSFT	▲ Outperform	Jul 6, 26	Jul 6, 27	$388.84	🎯$525	$388.84	+35%	+0% so far
MU	▲ Outperform	Jun 11, 26	Jun 11, 27	$981.61	🎯$1250	$938.38	+27%	-4% so far
AMAT	▲ Outperform	May 15, 26	May 15, 27	$413.57	🎯$550	$554.5	+33%	+34% so far
NXPI	▲ Outperform	Apr 29, 26	Apr 29, 27	$293.59	🎯$320	$273.15	+9%	-7% so far
CRWD	▲ Outperform	Mar 30, 26	Mar 30, 27	$95.01	🎯$450	$194.62	+374%	+105% so far
MU	▲ Outperform	Dec 18, 25	Dec 18, 26	$265.92	🎯$350	$938.38	+32%	+253% so far
ADBE	▲ Outperform	Dec 11, 25	Dec 11, 26	$356.43	🎯$440	$221.54	+23%	-38% so far
Q	▲ Outperform	Nov 3, 25	Nov 3, 26	$97	🎯$110	$140.54	+13%	+45% so far

Sample (0 recent finished + 8 in progress) of 92 calls.

▸ Finance

57.1%

+12.7%

+12.4%

+7.6% (8)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
FDS	▼ Underperform	Jul 2, 26	Jul 2, 27	$250.09	🎯$240	$258.3	-4%	+3% so far
JKHY	▲ Outperform	Jan 8, 26	Jan 8, 27	$187.75	🎯$220	$146.71	+17%	-22% so far
COF	▲ Outperform	Dec 8, 25	Dec 8, 26	$230.81	🎯$270	$202.89	+17%	-12% so far
MS	▲ Outperform	Nov 24, 25	Nov 24, 26	$165.43	—	$222.04	—	+34% so far
ALL	▲ Outperform	Sep 16, 25	Sep 16, 26	$196.3	🎯$235	$251.46	+20%	+28% so far
EG	▼ Underperform	Sep 16, 25	Sep 16, 26	$330.63	🎯$287	$373.22	-13%	+13% so far
CB	▲ Outperform	Sep 16, 25	Sep 16, 26	$272.02	🎯$320	$359.3	+18%	+32% so far
MET	▲ Outperform	Sep 16, 25	Sep 16, 26	$78.73	🎯$95	$91.67	+21%	+16% so far

Sample (0 recent finished + 8 in progress) of 56 calls.

▸ Health

67.4%

+10.3%

+9.0%

+12.0% (5)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
LLY	▲ Outperform	May 4, 26	May 4, 27	$988.87	🎯$1325	$1235.56	+34%	+25% so far
ELV	▲ Outperform	Jan 8, 26	Jan 8, 27	$374.77	🎯$425	$418.85	+13%	+12% so far
MRK	▲ Outperform	Jan 8, 26	Jan 8, 27	$110.99	🎯$135	$128.86	+22%	+16% so far
VRTX	▲ Outperform	Jan 6, 26	Jan 6, 27	$468.38	🎯$548	$522.25	+17%	+12% so far
WAT	▲ Outperform	Dec 10, 25	Dec 10, 26	$392.21	🎯$480	$374.93	+22%	-4% so far
UNH	▲ Outperform	May 20, 25	May 20, 26	$302.98	🎯$390	$381.75	+29%	+26.2%
PODD	▲ Outperform	May 13, 25	May 13, 26	$321.41	🎯$350	$147.85	+9%	-53.7%
EW	▼ Underperform	Jan 16, 25	Jan 16, 26	$69.78	🎯$60	$83.74	-14%	-19.6%

Sample (3 recent finished + 5 in progress) of 46 calls.

▸ Cons. staples

62.5%

+8.0%

+3.9%

-24.4% (4)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
TGT	▲ Outperform	Jun 23, 26	Jun 23, 27	$141.2	—	$127.55	—	-10% so far
WMT	▲ Outperform	May 11, 26	May 11, 27	$130.35	🎯$137	$111.54	+5%	-14% so far
TGT	▼ Underperform	Dec 30, 25	Dec 30, 26	$97.43	🎯$81	$127.55	-17%	+31% so far
TGT	▼ Underperform	Sep 18, 25	Sep 18, 26	$89.42	🎯$80	$127.55	-11%	+43% so far
PG	▲ Outperform	Nov 22, 22	Nov 22, 23	$145.62	🎯$156	$151.44	+7%	+3.7%
CASY	▲ Outperform	Aug 18, 22	Aug 18, 23	$218.59	🎯$228	$247.01	+4%	+13%
ADM	▲ Outperform	Aug 12, 22	Aug 12, 23	$86.6	🎯$117	$84.87	+35%	-1.9%
STZ	▲ Outperform	Apr 13, 21	Apr 13, 22	$226.57	🎯$265	$249.23	+17%	+9.7%

▸ Cons. disc.

50%

+5.4%

+3.3%

+6.0% (2)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
GM	▲ Outperform	Mar 25, 26	Mar 25, 27	$76.61	🎯$96	$76.03	+25%	-1% so far
SBUX	▲ Outperform	Jan 30, 26	Jan 30, 27	$91.95	🎯$100	$103.61	+9%	+13% so far
AMZN	▲ Outperform	Jan 3, 25	Jan 3, 26	$227.61	🎯$270	$232.16	+19%	+2.4%
DASH	▲ Outperform	Jan 3, 25	Jan 3, 26	$175.02	🎯$220	$227.53	+26%	+29.5%
F	▼ Underperform	Dec 5, 24	Dec 5, 25	$10.44	—	$13.05	—	-24.8%
DASH	▲ Outperform	Jul 16, 24	Jul 16, 25	$108.74	🎯$130	$234.88	+20%	+115.7%
AMZN	▲ Outperform	Jul 16, 24	Jul 16, 25	$193.02	🎯$250	$223.9	+30%	+15.6%
AZO	▲ Outperform	May 22, 24	May 22, 25	$2772.64	🎯$3000	$3853.97	+8%	+39.2%

Sample (6 recent finished + 2 in progress) of 46 calls.

▸ Utilities

52.6%

+2.9%

+3.3%

-2.3% (3)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
NRG	▲ Outperform	Mar 18, 26	Mar 18, 27	$161.4	🎯$190	$138.01	+18%	-14% so far
AEP	▲ Outperform	Feb 13, 26	Feb 13, 27	$129.94	🎯$142	$137.53	+9%	+6% so far
FE	▲ Outperform	Jan 27, 26	Jan 27, 27	$47.52	🎯$50	$48.39	+5%	+2% so far
LNT	▲ Outperform	Jul 7, 25	Jul 7, 26	$61.26	🎯$68	$77.65	+11%	+27% so far
XEL	▲ Outperform	Mar 11, 24	Mar 11, 25	$52.91	🎯$58	$68.78	+10%	+29.9%
CMS	▲ Outperform	Jan 16, 24	Jan 15, 25	$58.07	🎯$62	$66.78	+7%	+14.7%
SO	▲ Outperform	Dec 12, 22	Dec 12, 23	$71.03	🎯$76	$70.32	+7%	-0.8%
DTE	▲ Outperform	Dec 8, 22	Dec 8, 23	$117.66	🎯$125	$108.25	+6%	-7.7%

Sample (4 recent finished + 4 in progress) of 19 calls.

▸ Energy

52.2%

-0.1%

+2.9%

-0.2% (4)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
CVX	▲ Outperform	Jul 2, 26	Jul 2, 27	$169.2	🎯$210	$174.01	+24%	+3% so far
VLO	▼ Underperform	Apr 21, 26	Apr 21, 27	$234.36	🎯$203	$266.22	-13%	+14% so far
XOM	▲ Outperform	Apr 8, 26	Apr 8, 27	$155.04	🎯$153	$141.69	-1%	-9% so far
KMI	▲ Outperform	Jul 25, 25	Jul 25, 26	$27.39	🎯$31	$32.49	+13%	+19% so far
PSX	▲ Outperform	Jan 3, 25	Jan 3, 26	$115.17	—	$140.51	—	+21.5%
DVN	▲ Outperform	Jan 3, 25	Jan 3, 26	$33.75	—	$36.45	—	+8.3%
EOG	▲ Outperform	Jan 3, 25	Jan 3, 26	$126.39	—	$106.17	—	-16%
WMB	▼ Underperform	Apr 18, 24	Apr 18, 25	$37.58	🎯$34	$56.37	-10%	-50.2%

Sample (4 recent finished + 4 in progress) of 23 calls.

▸ Real estate

28.6%

-4.7%

-7.2%

-20.8% (4)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
KIM	▲ Outperform	Jun 22, 26	Jun 22, 27	$25.19	🎯$28	$25.29	+11%	+0% so far
DLR	▲ Outperform	Oct 20, 25	Oct 20, 26	$172.92	🎯$194	$174.9	+12%	+1% so far
CCI	▲ Outperform	Sep 22, 25	Sep 22, 26	$94.28	🎯$114	$77.22	+21%	-18% so far
CSGP	▲ Outperform	Sep 3, 25	Sep 3, 26	$89.1	🎯$105	$29.87	+18%	-66% so far
O	▲ Outperform	Dec 6, 23	Dec 5, 24	$54.71	🎯$66	$55.8	+21%	+2.5%
SPG	▲ Outperform	Jul 6, 23	Jul 5, 24	$119.1	🎯$127	$146.49	+7%	+22.7%
ESS	▼ Underperform	May 15, 23	May 14, 24	$214.05	—	$265.42	—	-23.8%
MAA	▼ Underperform	May 15, 23	May 14, 24	$152.28	🎯$137	$137.05	-10%	+10.2%

Sample (4 recent finished + 4 in progress) of 21 calls.

The stocks Wolfe Research covers (track record per stock)

Stock

Calls

% profitable

Avg gain 2015+

Avg gain 2020+

Last 12 months

▸ META Meta Platforms

100%

+111.5%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
META	▲ Outperform	Jul 16, 24	Jul 16, 25	$489.79	🎯$620	$705.3	+27%	+43.5%
META	▲ Outperform	Apr 25, 24	Apr 25, 25	$441.38	🎯$500	$547.31	+13%	+24%
META	▲ Outperform	Apr 27, 23	Apr 26, 24	$238.56	🎯$300	$443.72	+26%	+85.8%
META	▲ Outperform	Apr 19, 23	Apr 18, 24	$215.7	🎯$260	$502.58	+21%	+132.6%
META	▲ Outperform	Mar 15, 23	Mar 14, 24	$197.75	🎯$230	$492.4	+16%	+148.7%
META	▲ Outperform	Feb 2, 23	Feb 2, 24	$188.77	🎯$220	$475.7	+17%	+151.6%
META	▲ Outperform	Oct 27, 22	Oct 27, 23	$97.94	🎯$140	$296.76	+43%	+203%
META	▲ Outperform	Jul 28, 22	Jul 28, 23	$160.72	🎯$200	$326.26	+24%	+102.5%

▸ NVDA Nvidia

100%

+106.3%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
NVDA	▲ Outperform	May 23, 24	May 23, 25	$103.8	🎯$1250	$130.79	+1104%	+26.5%
NVDA	▲ Outperform	Feb 22, 24	Feb 21, 25	$78.82	🎯$900	$130.05	+1042%	+65.3%
NVDA	▲ Outperform	Aug 24, 23	Aug 23, 24	$47.16	🎯$630	$129.22	+1236%	+174.3%
NVDA	▲ Outperform	Jul 20, 23	Jul 19, 24	$45.52	🎯$570	$117.9	+1152%	+159.1%

▸ UBER Uber

100%

+63.4%

-13.1% (1)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
UBER	▲ Outperform	Jan 6, 26	Jan 6, 27	$85.54	🎯$110	$74.33	+29%	-13% so far
UBER	▲ Outperform	Jan 3, 25	Jan 3, 26	$64.59	🎯$92	$80.74	+42%	+25%
UBER	▲ Outperform	Jul 16, 24	Jul 16, 25	$74.3	🎯$90	$90.65	+21%	+22.1%
UBER	▲ Outperform	Aug 2, 23	Aug 1, 24	$46.96	🎯$57	$61.05	+21%	+29.9%
UBER	▲ Outperform	Feb 22, 23	Feb 22, 24	$34.54	🎯$45	$78.06	+30%	+125.9%
UBER	▲ Outperform	Feb 7, 23	Feb 7, 24	$34.9	🎯$42	$70.5	+20%	+102.4%
UBER	▲ Outperform	Jun 24, 22	Jun 24, 23	$23.03	🎯$27	$44.45	+17%	+92.9%
UBER	▲ Outperform	May 26, 20	May 26, 21	$34.88	🎯$41	$50.58	+18%	+45.4%

▸ TDG TransDigm Group

100%

+56.5%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
TDG	▲ Outperform	Aug 9, 23	Aug 8, 24	$877.77	🎯$1025	$1246.43	+17%	+42%
TDG	▲ Outperform	Nov 11, 22	Nov 11, 23	$616.14	🎯$715	$991.99	+16%	+61.2%
TDG	▲ Outperform	Oct 11, 22	Oct 11, 23	$522.59	🎯$650	$867.5	+24%	+66.3%

▸ DASH DoorDash

66.7%

+45.3%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
DASH	▲ Outperform	Jan 3, 25	Jan 3, 26	$175.02	🎯$220	$227.53	+26%	+29.5%
DASH	▲ Outperform	Jul 16, 24	Jul 16, 25	$108.74	🎯$130	$234.88	+20%	+115.7%
DASH	▲ Outperform	Apr 1, 21	Apr 1, 22	$133.14	🎯$180	$121.16	+35%	-9.2%

▸ VMC Vulcan Materials Company

100%

+43.0%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
VMC	▲ Outperform	Apr 10, 25	Apr 10, 26	$235.58	—	$294.48	—	+25.4%
VMC	▲ Outperform	Apr 12, 23	Apr 11, 24	$167.32	🎯$202	$266.04	+21%	+58.7%
VMC	▲ Outperform	Feb 17, 23	Feb 17, 24	$185.65	🎯$204	$250.63	+10%	+35.4%
VMC	▲ Outperform	Jul 14, 22	Jul 14, 23	$147.27	🎯$194	$225.32	+32%	+52.6%

▸ PANW Palo Alto Networks

100%

+41.1%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
PANW	▲ Outperform	Feb 22, 23	Feb 22, 24	$93.88	🎯$210	$134.25	+124%	+42.7%
PANW	▲ Outperform	Nov 18, 22	Nov 18, 23	$83.74	🎯$225	$130.63	+169%	+55.6%
PANW	▲ Outperform	Sep 14, 22	Sep 14, 23	$89.81	🎯$238	$120.35	+165%	+33.7%
PANW	▲ Outperform	Aug 23, 22	Aug 23, 23	$94.92	🎯$715	$117.7	+653%	+24.1%
PANW	▲ Outperform	Aug 1, 22	Aug 1, 23	$84.61	🎯$700	$126.92	+727%	+49.6%

▸ NOW ServiceNow

83.3%

+38.8%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
NOW	▲ Outperform	May 10, 24	May 10, 25	$146.02	🎯$830	$202.97	+468%	+39.1%
NOW	▲ Outperform	May 18, 23	May 17, 24	$102.06	🎯$575	$155.13	+463%	+51.7%
NOW	▲ Outperform	May 17, 23	May 16, 24	$102.03	🎯$575	$153.05	+464%	+50%
NOW	▲ Outperform	Jan 26, 23	Jan 26, 24	$91.77	🎯$510	$157.84	+456%	+71.6%
NOW	▲ Outperform	Oct 27, 22	Oct 27, 23	$84.08	🎯$475	$113.51	+465%	+35.2%
NOW	▲ Outperform	Apr 23, 21	Apr 23, 22	$110.54	🎯$675	$93.96	+511%	-14.5%

▸ TFC Truist Financial

100%

+35.6%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
TFC	▼ Underperform	May 26, 22	May 26, 23	$48.41	🎯$41	$30.5	-15%	+36.6%
TFC	▼ Underperform	Apr 7, 22	Apr 7, 23	$53.87	🎯$63	$33.4	+17%	+38.4%
TFC	▼ Underperform	Oct 5, 21	Oct 5, 22	$60.28	🎯$64	$45.81	+6%	+23.9%
TFC	▲ Outperform	Jul 31, 20	Jul 31, 21	$37.77	—	$54.01	—	+43.3%

▸ ADBE Adobe Inc.

60%

+33.1%

-37.8% (1)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
ADBE	▲ Outperform	Dec 11, 25	Dec 11, 26	$356.43	🎯$440	$221.54	+23%	-38% so far
ADBE	▲ Outperform	Sep 15, 23	Sep 14, 24	$532.42	🎯$650	$521.77	+22%	-2%
ADBE	▲ Outperform	Feb 24, 23	Feb 24, 24	$320.54	🎯$440	$560.95	+37%	+74.9%
ADBE	▲ Outperform	Sep 16, 22	Sep 16, 23	$299.5	🎯$340	$533.11	+14%	+77.8%
ADBE	▲ Outperform	Jun 17, 22	Jun 17, 23	$360.79	🎯$400	$487.07	+11%	+34.7%
ADBE	▲ Outperform	Apr 23, 21	Apr 23, 22	$515.84	🎯$650	$412.67	+26%	-19.7%

▸ WFC Wells Fargo

66.7%

+35.0%

+32.8%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
WFC	▲ Outperform	Oct 8, 24	Oct 8, 25	$57.3	🎯$65	$79.65	+13%	+39.1%
WFC	▲ Outperform	Jan 4, 22	Jan 4, 23	$52.75	🎯$65	$42.73	+23%	-19.1%
WFC	▲ Outperform	Oct 15, 21	Oct 15, 22	$48.38	🎯$57	$44.03	+18%	-9.1%
WFC	▲ Outperform	Jan 13, 21	Jan 13, 22	$33.8	🎯$36	$56.11	+7%	+65.7%
WFC	▲ Outperform	Sep 14, 20	Sep 14, 21	$24.88	—	$46.53	—	+87.5%
WFC	▼ Underperform	Jul 10, 19	Jul 9, 20	$47.14	—	$25.46	—	+46%

▸ ORCL Oracle Corporation

100%

+32.6%

-56.9% (1)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
ORCL	▲ Outperform	Sep 10, 25	Sep 10, 26	$328.33	🎯$400	$141.6	+22%	-57% so far
ORCL	▲ Outperform	Dec 12, 23	Dec 11, 24	$100.81	🎯$130	$178.43	+29%	+77.2%
ORCL	▲ Outperform	Jun 13, 23	Jun 12, 24	$122.27	🎯$140	$139.39	+15%	+14.4%
ORCL	▲ Outperform	Jun 12, 23	Jun 11, 24	$116.43	🎯$130	$123.42	+12%	+6.4%

▸ MMM 3M

100%

+31.0%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
MMM	▲ Outperform	Jun 13, 24	Jun 13, 25	$101.54	🎯$125	$142.16	+23%	+40.2%
MMM	▼ Underperform	Jan 23, 23	Jan 23, 24	$102.53	🎯$110	$79.97	+7%	+21.6%
MMM	▼ Underperform	Aug 25, 22	Aug 25, 23	$119.36	🎯$120	$82.36	+1%	+30.7%
MMM	▼ Underperform	Jun 8, 22	Jun 8, 23	$121.59	🎯$148	$83.9	+22%	+30.7%
MMM	▼ Underperform	Apr 12, 22	Apr 12, 23	$124.3	🎯$164	$88.25	+32%	+28.6%
MMM	▼ Underperform	Jan 26, 22	Jan 26, 23	$142.27	🎯$190	$96.74	+34%	+32.3%
MMM	▼ Underperform	Jul 28, 21	Jul 28, 22	$165.79	🎯$215	$117.71	+30%	+29.2%
MMM	▼ Underperform	Jul 12, 21	Jul 12, 22	$167.21	🎯$215	$108.69	+29%	+34.9%

▸ MSFT Microsoft

100%

+30.0%

0.0% (1)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
MSFT	▲ Outperform	Jul 6, 26	Jul 6, 27	$388.84	🎯$525	$388.84	+35%	+0% so far
MSFT	▲ Outperform	Apr 26, 23	Apr 25, 24	$295.37	🎯$350	$398.75	+18%	+35.1%
MSFT	▲ Outperform	Jan 25, 23	Jan 25, 24	$240.61	🎯$265	$404.22	+10%	+68.3%
MSFT	▲ Outperform	Oct 26, 22	Oct 26, 23	$231.32	🎯$280	$328.47	+21%	+41.8%
MSFT	▲ Outperform	Jul 29, 22	Jul 29, 23	$280.74	🎯$275	$336.89	-2%	+19.7%
MSFT	▲ Outperform	Apr 27, 22	Apr 27, 23	$283.22	🎯$350	$305.88	+24%	+7.6%
MSFT	▲ Outperform	Apr 23, 21	Apr 23, 22	$261.15	🎯$290	$279.43	+11%	+7.5%

▸ NFLX Netflix

66.7%

+27.3%

-8.8% (1)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
NFLX	▲ Outperform	Jan 21, 26	Jan 21, 27	$83.54	🎯$95	$76.18	+14%	-9% so far
NFLX	▲ Outperform	Jan 23, 25	Jan 23, 26	$98.49	🎯$1100	$85.69	+1017%	-12.6%
NFLX	▲ Outperform	Jul 20, 23	Jul 19, 24	$43.74	🎯$500	$63.42	+1043%	+44.8%
NFLX	▲ Outperform	Jun 14, 23	Jun 13, 24	$44.53	🎯$485	$66.8	+989%	+50.3%
NFLX	▲ Outperform	Jan 20, 23	Jan 20, 24	$34.25	🎯$417	$48.64	+1118%	+41.8%
NFLX	▲ Outperform	Jun 2, 22	Jun 2, 23	$20.51	🎯$261	$39.99	+1173%	+95.3%
NFLX	▲ Outperform	Oct 20, 21	Oct 20, 22	$65.32	🎯$706	$28.74	+981%	-55.7%

▸ SCHW Charles Schwab Corporation

66.7%

+15.9%

+26.4%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
SCHW	▲ Outperform	Jun 26, 23	Jun 25, 24	$55.22	🎯$60	$73.44	+9%	+32.7%
SCHW	▲ Outperform	Apr 5, 21	Apr 5, 22	$67.3	🎯$87	$80.76	+29%	+20.2%
SCHW	▲ Outperform	Sep 3, 19	Sep 2, 20	$37.96	—	$36.06	—	-5.2%

▸ ABBV AbbVie

100%

+24.9%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
ABBV	▲ Outperform	Nov 15, 24	Nov 15, 25	$164.99	🎯$205	$234.29	+24%	+41.8%
ABBV	▲ Outperform	May 1, 22	May 1, 23	$147.87	🎯$170	$152.31	+15%	+2.5%
ABBV	▲ Outperform	May 3, 21	May 3, 22	$114.68	🎯$127	$149.08	+11%	+30.5%

▸ CHRW C.H. Robinson

60%

+19.6%

+23.4%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
CHRW	▲ Outperform	Jul 1, 25	Jul 1, 26	$98.31	—	$191.7	—	+94.6%
CHRW	▲ Outperform	Apr 5, 22	Apr 5, 23	$99.73	🎯$115	$92.75	+15%	-7.1%
CHRW	▲ Outperform	Jan 6, 22	Jan 6, 23	$110.95	🎯$124	$93.2	+12%	-15.9%
CHRW	▲ Outperform	Jan 7, 20	Jan 6, 21	$78.8	—	$96.14	—	+22%
CHRW	▲ Outperform	Sep 2, 15	Sep 1, 16	$68.2	—	$71.61	—	+4.6%

▸ CHTR Charter Communications

75%

+21.6%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
CHTR	▼ Underperform	Sep 30, 24	Sep 30, 25	$324.08	🎯$300	$275.47	-7%	+15.1%
CHTR	▲ Outperform	Aug 2, 23	Aug 1, 24	$419.07	🎯$565	$377.16	+35%	-10%
CHTR	▼ Underperform	Jun 2, 22	Jun 2, 23	$498.22	🎯$515	$328.83	+3%	+33.9%
CHTR	▼ Underperform	Jan 3, 22	Jan 3, 23	$647.58	🎯$621	$343.22	-4%	+47.3%

▸ GOOGL Alphabet Inc. (Class A)

61.5%

+20.5%

+30.5% (1)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
GOOGL	▲ Outperform	Oct 30, 25	Oct 30, 26	$281.19	🎯$350	$367.03	+24%	+31% so far
GOOGL	▲ Outperform	Jan 3, 25	Jan 3, 26	$196.87	🎯$230	$316.96	+17%	+60.8%
GOOGL	▲ Outperform	Jul 16, 24	Jul 16, 25	$183.92	🎯$240	$182.08	+30%	-0.5%
GOOGL	▲ Outperform	Apr 26, 24	Apr 26, 25	$171.95	🎯$200	$159.91	+16%	-6.6%
GOOGL	▲ Outperform	Jan 31, 24	Jan 30, 25	$140.1	🎯$180	$200.34	+28%	+43.4%
GOOGL	▲ Outperform	Apr 27, 23	Apr 26, 24	$107.59	🎯$130	$172.14	+21%	+59.8%
GOOGL	▲ Outperform	Feb 4, 23	Feb 4, 24	$102.9	🎯$120	$144.06	+17%	+39.6%
GOOGL	▲ Outperform	Jan 5, 23	Jan 5, 24	$87.34	🎯$110	$138.87	+26%	+59%

Sample (7 recent finished + 1 in progress) of 13 calls.

▸ GOOG Alphabet Inc. (Class C)

66.7%

+19.0%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
GOOG	▲ Outperform	Apr 27, 23	Apr 26, 24	$108.37	🎯$130	$173.39	+20%	+60.3%
GOOG	▲ Outperform	Feb 4, 23	Feb 4, 24	$103.47	🎯$120	$144.86	+16%	+40.1%
GOOG	▲ Outperform	Jan 5, 23	Jan 5, 24	$88.16	🎯$110	$140.17	+25%	+59.4%
GOOG	▲ Outperform	Jul 27, 22	Jul 27, 23	$114.59	🎯$130	$132.92	+13%	+16.1%
GOOG	▲ Outperform	Jun 2, 22	Jun 2, 23	$114.56	🎯$2800	$127.16	+2344%	+10.5%
GOOG	▲ Outperform	Apr 27, 22	Apr 27, 23	$115.02	🎯$2900	$108.12	+2421%	-5.8%
GOOG	▲ Outperform	Feb 2, 22	Feb 2, 23	$142.65	🎯$3600	$105.56	+2424%	-26.2%
GOOG	▲ Outperform	Jul 28, 21	Jul 28, 22	$136.54	🎯$3400	$116.06	+2390%	-14.6%

Sample (8 recent finished + 0 in progress) of 9 calls.

▸ TMUS T-Mobile US

66.7%

+12.9%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
TMUS	▲ Outperform	Jun 8, 23	Jun 7, 24	$130.32	🎯$160	$179.84	+23%	+38%
TMUS	▲ Outperform	Sep 29, 22	Sep 29, 23	$134.64	🎯$168	$140.03	+25%	+4%
TMUS	▲ Outperform	Jun 2, 22	Jun 2, 23	$135.8	🎯$159	$131.73	+17%	-3.4%

▸ BA Boeing

50%

+7.5%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
BA	▲ Outperform	Mar 13, 24	Mar 13, 25	$182.35	🎯$260	$158.64	+43%	-12.6%
BA	▲ Outperform	Oct 11, 22	Oct 11, 23	$131.57	🎯$180	$196.04	+37%	+49%
BA	▼ Underperform	Dec 4, 20	Dec 4, 21	$232.71	—	$204.78	—	+11.5%
BA	▼ Underperform	Jul 16, 20	Jul 16, 21	$175.66	🎯$149	$207.28	-15%	-17.8%

▸ KMI Kinder Morgan

33.3%

-8.0%

+7.1%

+18.6% (1)

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
KMI	▲ Outperform	Jul 25, 25	Jul 25, 26	$27.39	🎯$31	$32.49	+13%	+19% so far
KMI	▼ Underperform	Apr 11, 22	Apr 11, 23	$19.26	🎯$18	$17.91	-7%	+7.1%
KMI	▼ Underperform	Nov 26, 18	Nov 26, 19	$16.73	—	$19.74	—	-17.9%
KMI	▲ Outperform	Oct 20, 16	Oct 20, 17	$21.19	—	$18.44	—	-13.1%

▸ ABT Abbott Laboratories

66.7%

+6.6%

—

Stock	Rating	Issued	Matures (1yr)	Price at call	Target	End price	Targeted	Result
ABT	▼ Underperform	Jan 25, 23	Jan 25, 24	$111	🎯$107	$112.11	-4%	-1.3%
ABT	▼ Underperform	Jul 6, 22	Jul 6, 23	$108.69	—	$107.6	—	+1.4%
ABT	▲ Outperform	Sep 11, 20	Sep 11, 21	$105.69	🎯$124	$126.83	+17%	+19.8%

% profitable = share of its calls that made money (1 year). Avg gain / call = average absolute gain per call (winners and losers). Point-in-time, S&P 500 backtest.