Editor's note: TipRanks is a tech company that ranks analysts and financial bloggers based on their picks' performance. The goal of this piece is to highlight an analyst who has a great track record, rather than the ones from the biggest firms.
One of Wall Street's best analysts says investors should buy Amerisafe, a workers' compensation insurance company, after a strong earnings report Wednesday.
Randy Binner of FBR Capital Markets & Co. has a 68 percent success rate recommending stocks with a 9.7 percent one-year average return, according to TipRanks. His stock-picking acumen is ranked in the top 10 percent of all Wall Street analysts.
Here is why the analyst is bullish on Amerisafe.