logo
welcome
TipRanks

TipRanks

TipRanks’ ‘Perfect 10’ Picks: 2 Top-Scoring Stocks for the Rest of 2024

TipRanks
Summary
Nutrition label

81% Informative

TipRanks ' Smart Score is based on the stock's standing against a set of factors known to match up with future outperformance.

Boot Barn Holdings (BOOT) and Summit Therapeutics (SMMT) are two of the top-scoring stocks that investors should consider for the rest of 2024 .

The Perfect 10 are stocks that have earned the highest possible Smart Score .

Summit's Ivonescimab beats the results of Merck ’s anti-cancer drug, Keytruda .

The drug was tested in a Phase 3 trial, HARMONi-2 , conducted in China , and showed that it could reduce the risk of disease progression or death by 49% when compared to the Merck drug.

JMP analyst Reni Benjamin rates SMMT shares an Outperform (i.e. Buy ), while his $ 32 price target implies a 50% gain for the next 12 months .