Standard & Poor’s Equity Research Services led The Wall Street Journal’s 2009 “Best on the Street” annual survey of top ranking analysts, with 20 equity analysts winning in 23 different industry categories.
S&P Equity Research had eight analysts rated number one in their categories, more than any other firm in the survey. In addition, three analysts, Mark Basham, Jim Corridore, and Michael Jaffe, were winners in two categories. The Wall Street Journal’s complete Best on the Street report will be released on 26 May 2009.
According to The Wall Street Journal, the S&P equity analysts ranked best in their industry category were: Mark Basham (Restaurants); Zaineb Bokhari (Business & Industrial Services); Kevin Cole (Consumer & Specialty Finance); Jim Corridore (Airlines); Marie Driscoll (Clothing & Accessories); Michael Jaffe (Heavy Machinery & Materials); Esther Kwon (Hotels & Casinos); Kenneth Leon (Home Construction & Furnishings); and Jim Yin (Leisure Goods & Services).
Following is a chart of all S&P Equity Research Wall Street Journal Best on the Street winners.
Analyst
–
Industry
Matthew Albrecht –
Investment Services
Mark Basham
–
Hotels & Casinos, Restaurants
Zaineb Bokhari
–
Business & Industrial Services
Mathew Christy
–
General Industrials
Kevin Cole
–
Consumer & Specialty Finance
Jim Corridore
–
Airlines, Industrial Transportation
Marie Driscoll
–
Clothing & Accessories
Jeffrey Englander – Health Care Providers
Thomas Graves
–
Food & Tobacco
Michael Jaffe –
Business & Industrial Services, Heavy Machinery &
Materials
Erik Kolb
–
Leisure Goods & Services
Esther Kwon
–
Hotels & Casinos
Kenneth Leon
–
Home Construction & Furnishings
Efraim Levy
–
Autos & Auto Parts
James Moorman
–
Telecommunications
James Peters
–
Advertising & Publishing
Stuart Plesser –
Consumer & Specialty Finance
Cathy Seifert
–
Insurance: Non-Life
Thomas Smith
–
Computers & Office Equipment
Jim Yin
–
Leisure Goods & Services
“We have consistently placed in the top ten in the Survey and as the highest ranked among independent research firms, but to be named number one in a very difficult year is particularly satisfying,” says Stephen Biggar, global director of Equity Research, Standard & Poor’s.
“Having ‘Sell’ recommendations mattered as much as having ‘Buys’ in 2008, and these awards are validation that our analysts were early to recognize challenging industry conditions last year, adopt a more conservative stance with Buys, and recommend Sells of securities seen as most at risk to adverse economic conditions.”
L.D.