The Master Stock Pickers
The top five stock pickers in each industry, ranked on their recommendation-performance scores for 2008. Performance scores were calcul The number next to each analyst's name refers to the number of years he or she has been recognized in The Wall Street Journal's rankings For each industry, the number of analysts evaluated and their median score are shown.
2 - Two-year winner 3 - Three-year winner Source: FactSet Estimates Advertising & Publishing 24 Analysts, Median Score = -33.97 Clayton Moran Catriona Fallon Peter Appert Alexia Quadrani William Morrison Aerospace & Defense 29 Analysts, Median Score = -36.91 Brian Gesuale* Tim Quillin* Michael S. Lewis Chris Donaghey* Richard Safran Airlines 11 Analysts, Median Score = -20.58 Jim Corridore* Jamie Baker William Greene Michael Linenberg Michael Derchin Alternative Energy 22 Analysts, Median Score = -61.36 Michael Judd* Ian Horowitz Ron Oster Stuart Bush Cheryl Tang 4 - Four-year winner 5 - Five-year winner 6 - Six-year winner 7- Seven-year winner 8- Eight-year winner 9-
Stanford Financial Citigroup 4 Goldman Sachs 2 J.P. Morgan ThinkEquity
[BEN] [LF09] [PJ]
61.15 45.52 15.90 0.71 -7.54
Raymond James 4 Stephens 2 BB & T Capital Markets 3 SunTrust Robinson Humphrey Goldman Sachs
30.53 26.71 14.28 -8.76 -19.49
3 2 3 7 2
Standard & Poor's J.P. Morgan Morgan Stanley Merrill Lynch FTN Equity Capital Markets
[BAS-ML]
33.05 16.37 -6.23 -6.90 -20.55
4 Greenwich Consultants Soleil Securities Broadpoint Capital RBC Capital Markets Goldman Sachs
[LF09] [LF09]
271.81 89.41 -8.52 -28.12 -37.87
Autos & Auto Parts 15 Analysts, Median Score = -51.49 John Murphy Patrick Archambault David Leiker Efraim Levy Chris Ceraso Banks 144 Analysts, Median Score = -6.23 Kevin Fitzsimmons Joseph Fenech Adam Barkstrom James Chappell Kenneth Bruce* Beverages 18 Analysts, Median Score = -17.10 Judy E. Hong Dara Mohsenian Celso W. Sanchez Erin Ashley Smith Christine Farkas Biotechnology 83 Analysts, Median Score = -20.34 Eric Schmidt Maykin Ho Rachel McMinn Howard Liang Jason Zhang Broadcasting & Entertainment 33 Analysts, Median Score = -37.92 Mark Wienkes Jessica Reif Cohen Ingrid Chung Craig Moffett Frederick W. Moran Business & Industrial Services
Merrill Lynch Goldman Sachs 4 Robert W. Baird 2 Standard & Poor's Credit Suisse
[BAS-ML]
68.17 6.69 -14.09 -16.63 -44.47
Sandler O'Neill 3 Sandler O'Neill Sterne Agee & Leach Goldman Sachs 2 Merrill Lynch
[BAS-ML]
169.13 147.94 103.33 103.12 82.22
Goldman Sachs 2 J.P. Morgan Citigroup 3 Argus Research Merrill Lynch
[MS]
[BAS-ML]
38.14 3.96 2.05 -7.74 -8.14
2 Cowen & Co. 6 Goldman Sachs Cowen & Co. Leerink Swann BMO Capital Markets
[LF09]
66.24 41.37 37.51 36.99 33.46
2 Goldman Sachs 9 Merrill Lynch Goldman Sachs 2 Sanford C. Bernstein 8 Stanford Financial
[BAS-ML]
[BEN]
54.47 19.81 17.53 5.69 0.23
91 Analysts, Median Score = -27.16 Zaineb Bokhari Michael Jaffe* Jeff Silber Jonathan Ellis Julio C. Quinteros Jr. Chemicals 30 Analysts, Median Score = -37.60 Michael Judd* Don Carson P.J. Juvekar Edward H. Yang Steven Schwartz Clothing & Accessories 22 Analysts, Median Score = -34.35 Marie Driscoll Kate McShane Sam Poser John Shanley Jeffrey Van Sinderen Computers & Office Equipment 32 Analysts, Median Score = -40.10 Mark Moskowitz Thomas Smith Kathryn Huberty Paul Mansky Jayson Noland Consumer & Specialty Finance 26 Analysts, Median Score = -15.65 Kevin Cole Kenneth Bruce* Stuart Plesser Michael P. Taiano Moshe Orenbuch Electronic & Electrical Equipment 42 Analysts, Median Score = -37.85
Standard & Poor's Standard & Poor's 3 BMO Capital Markets Merrill Lynch 2 Goldman Sachs
[BAS-ML]
35.40 30.19 29.88 28.60 21.14
4 Greenwich Consultants 6 Merrill Lynch 3 Citigroup Oppenheimer & Co. First Analysis Securities
[UBS]
175.22 10.83 8.85 5.45 -3.02
3 Standard & Poor's Citigroup Sterne Agee & Leach 5 Susquehanna Financial Group B. Riley
2.36 1.92 -5.54 -11.46 -22.51
J.P. Morgan 2 Standard & Poor's 2 Morgan Stanley Citigroup Robert W. Baird
13.83 5.00 -6.74 -15.04 -20.24
Standard & Poor's 2 Merrill Lynch 2 Standard & Poor's Sandler O'Neill 2 Credit Suisse
[BAS-ML]
434.89 131.33 77.41 65.76 58.17
Chris Hussey Paul Coster* Richard C. Eastman Jim Suva Michael A. Schneider Food & Tobacco 37 Analysts, Median Score = -11.90 Diane Geissler Alton K. Stump* Thomas Graves Christopher Growe Timothy S. Ramey General Industrials 30 Analysts, Median Score = -33.89 Deane M. Dray Mathew Christy Alton K. Stump* Nicole Parent Claudia Shank Hueston Health-Care Providers 65 Analysts, Median Score = -25.27 David Windley Kemp Dolliver Jeffrey Englander Eric T. Gommel Whit Mayo Heavy Machinery & Materials 77 Analysts, Median Score = -31.95 Michael Jaffe* Robert J. Kelly David Yuschak John Barnes Robert Wertheimer Home Construction & Furnishings 19 Analysts, Median Score = -12.91 Kenneth Leon
2 Goldman Sachs 2 J.P. Morgan 6 Robert W. Baird Citigroup 4 Robert W. Baird
63.87 53.32 31.26 12.99 -9.39
2 Merrill Lynch 3 Longbow Research 2 Standard & Poor's Stifel Nicolaus 3 D.A. Davidson
[LF08]
26.49 18.46 7.17 4.39 2.33
Goldman Sachs Standard & Poor's 3 Longbow Research Credit Suisse J.P. Morgan
[FBR]
37.14 6.23 -0.50 -1.34 -5.13
5 Jefferies 4 Cowen & Co. Standard & Poor's Stifel Nicolaus Stephens
[LF08]
[RWB]
12.93 12.16 11.07 7.71 -0.27
Standard & Poor's Sidoti SMH Capital BB & T Capital Markets Morgan Stanley
32.01 16.70 12.37 11.52 9.25
5 Standard & Poor's
93.99
Christopher Agnew David Goldberg Michael Rehaut Rashid Dahod Hotels & Casinos 40 Analysts, Median Score = -58.55 Esther Kwon Mark Basham* John Staszak* Amanda Bryant Steven Kent Household & Personal Products 18 Analysts, Median Score = -21.35 Joseph Altobello Connie Maneaty Bill Pecoriello John Faucher Nik Modi Industrial Transportation 44 Analysts, Median Score = -22.54 David G. Ross William H. Fisher Jim Corridore* Thomas Wadewitz Robert Dunn Insurance: Life 18 Analysts, Median Score = -39.09 Nigel Dally Thomas Gallagher Jamminder Bhullar Randy Binner Robert Glasspiegel Insurance: Non-Life 48 Analysts, Median Score = -14.09 Mark Hughes Julia Ferguson
Goldman Sachs UBS J.P. Morgan Argus Research
[LF09]
64.01 49.02 46.87 43.67
Standard & Poor's 2 Standard & Poor's 2 Argus Research Merrill Lynch 7 Goldman Sachs
[BAS-ML]
314.72 66.23 48.16 13.74 1.22
2 7 3 4
Oppenheimer & Co. BMO Capital Markets Morgan Stanley J.P. Morgan UBS
[LF09]
14.10 6.29 1.77 -11.09 -13.53
Stifel Nicolaus 6 Raymond James 3 Standard & Poor's J.P. Morgan Sidoti
156.54 15.43 12.95 4.49 1.50
4 Morgan Stanley Credit Suisse J.P. Morgan FBR Capital Markets 7 Langen Mc Alenney
12.80 -14.88 -16.68 -18.87 -24.33
SunTrust Robinson Humphrey Dowling & Partners
14.70 1.32
Cathy Seifert Robert Farnam Meyer Shields Internet & Computer Services 44 Analysts, Median Score = -34.22 Chris Donaghey* Brian Gesuale* Alex P. Hamilton Tim Quillin* William R. Loomis Investment Services 46 Analysts, Median Score = -48.35 Meredith Whitney Patrick O'Shaughnessy Matthew Albrecht Richard X. Bove Ada Lee Leisure Goods & Services 32 Analysts, Median Score = -36.25 Jim Yin Erik Kolb Rommel Dionisio Edward Aaron Joseph Hovorka Medical Equipment & Supplies 86 Analysts, Median Score = -33.12 Ernest W. Andberg Alastair Mackay Beth Senko Chris Warren Amy W. Stevens Mining & Metals 63 Analysts, Median Score = -46.59 David Christie Steve Shepherd Michael Jalonen
Standard & Poor's Keefe Bruyette & Woods Stifel Nicolaus
-0.33 -3.84 -3.92
3 SunTrust Robinson Humphrey Raymond James 2 Jesup & Lamont 4 Stephens 4 Stifel Nicolaus
44.61 31.11 28.10 22.60 20.06
2 Oppenheimer & Co. Raymond James Standard & Poor's 2 Ladenburg Thalmann Sterne Agee & Leach
[LF08]
[RO]
8.68 5.81 3.76 3.73 -1.36
Standard & Poor's 2 Standard & Poor's 2 Wedbush Morgan Securities RBC Capital Markets 3 Raymond James
210.80 11.33 9.50 6.62 0.05
Feltl & Co. 2 Garp Research & Securities 2 Williams Capital Group FBR Capital Markets Susquehanna Financial
[CAR]
26.93 24.33 21.38 9.80 5.81
Scotia Capital J.P. Morgan 6 Merrill Lynch
[BAS-ML]
51.72 14.41 10.95
John Graham Tanya Jakusconek Oil & Gas Producers 108 Analysts, Median Score = -39.60 Fadel Gheit Mark Gilman Colin Smith Ann Kohler Brian Singer Oil Equipment, Services & Distribution 59 Analysts, Median Score = -53.61 David Chiaro Ben Dell Charles Minervino Ole Slorer David Smith Pharmaceuticals 69 Analysts, Median Score = -21.60 Graham Parry Ken Cacciatore Annabel Samimy Michael Leacock Greg Gust Real Estate 72 Analysts, Median Score = -14.90 Donald Fandetti Jason Arnold Michael Bilerman Jim Sullivan Michael Knott Restaurants 32 Analysts, Median Score = -25.30 Mark Basham* Steve West Steven T. Kron Bryan Elliott
Macquarie Research National Bank Financial
6.51 6.02
5 Oppenheimer & Co. 3 Benchmark Dresdner Kleinwort Caris & Co. Goldman Sachs
[LF09]
35.31 34.83 21.16 18.73 8.80
Goldman Sachs Sanford C. Bernstein Goldman Sachs 2 Morgan Stanley J.P. Morgan
[LF09]
-0.34 -5.47 -14.40 -21.42 -23.02
Merrill Lynch Cowen & Co. UBS ABN Amro Roth Capital Partners
[BAS-ML] [TWP]
17.21 14.57 12.65 5.99 5.89
Citigroup RBC Capital Markets Citigroup 3 Green Street Advisors Green Street Advisors
116.73 83.42 50.19 38.02 34.08
2 Standard & Poor's Stifel Nicolaus 2 Goldman Sachs 5 Raymond James
64.94 15.07 9.21 3.24
John Staszak* Retailers: Broad Line & Apparel 59 Analysts, Median Score = -29.77 Kimberly Greenberger Daniel Binder Michelle Clark Adrianne Shapira Wayne Hood Retailers: Food & Drug 19 Analysts, Median Score = -23.37 Mark Wiltamuth Bob Summers John Ransom Deborah L Weinswig Chuck Cerankosky Semiconductor-Equipment Mfg. 24 Analysts, Median Score = -45.22 Gary Hsueh Stephen Chin Stephen O'Rourke James Covello Brett Hodess Semiconductors 88 Analysts, Median Score = -45.04 Daniel Heyler Donald Lu Steven Pelayo Mark Lipacis Srini Pajjuri Software 104 Analysts, Median Score = -36.16 Donald Hooker Douglas Simpson Leo Carpio Charles Rhyee Brendan McCabe
2 Argus Research
3.04
Citigroup 3 Jefferies Morgan Stanley 2 Goldman Sachs 9 BMO Capital Markets
81.82 18.06 17.27 16.27 13.12
2 Morgan Stanley Pali Research 4 Raymond James Citigroup 6 FTN Equity Capital Markets
64.16 40.95 12.59 -3.55 -4.27
2 4 3 6
Oppenheimer & Co. UBS Deutsche Bank Goldman Sachs Merrill Lynch
[BAS-ML]
36.67 26.74 -12.29 -18.08 -32.13
Merrill Lynch Goldman Sachs 2 HSBC Securities Morgan Stanley 3 Merrill Lynch
[BAS-ML]
[CAL]
68.14 61.86 24.61 17.52 7.29
UBS Merrill Lynch Caris & Co. Oppenheimer & Co. Oppenheimer & Co.
[MS]
63.01 30.70 25.24 25.11 19.16
Specialty Retailers & Services 70 Analysts, Median Score = -11.70 Suzanne Stein Kelly Flynn James Maher Laura Champine Gregory Melich Telecommunications 80 Analysts, Median Score = -27.11 Ralph Szymczak Michael Rollins Jason Armstrong Vera Rossi James Moorman Telecommunications Equipment 67 Analysts, Median Score = -40.97 Gus Papageorgiou Paul Coster* Vivek Arya Scott Coleman Rick Franklin Utilities 54 Analysts, Median Score = -21.61 Daniel Fidell James O. Lykins Lilyanna Yang Subhojit Daripa Maurice E. May Footnotes: * = Winner in more than one category LF 08 = Left firm in 2008 LF 09 = Left firm in 2009 BAS-ML = Banc of America Securities-Merril Lynch BEN = Benchmark CAL = Calyon Securities CAR = Caris & Co.
Morgan Stanley Credit Suisse ThinkEquity 2 Morgan Keegan 2 Morgan Stanley
[CO]
58.17 57.63 26.07 15.07 12.46
Landesbank Baden-Wurttemberg Citigroup Goldman Sachs 5 Morgan Stanley Standard & Poor's
49.47 14.50 9.33 7.90 7.32
Scotia Capital 2 J.P. Morgan Merrill Lynch Morgan Stanley Edward Jones
[BAS-ML]
17.49 13.87 8.25 0.95 -5.18
3 Brean Murray, Carret Hilliard Lyons J.P. Morgan Morgan Stanley Power Insights - Soleil
10.28 10.08 8.98 2.88 2.31
CO = Cowen & Co. FBR = FBR Capital Markets MS = Morgan Stanley PJ = Piper Jaffray RO = Rochdale Securities RWB = Robert W. Baird TWP = Thomas Weisel Partners UBS = UBS
ance scores were calculated based on estimated total return, including price changes and dividends, of each eligible stock an analyst covered in an in Street Journal's rankings. The firm listed for each analyst is the one at which the analyst worked the longest during 2008 and the one that gets the cre
8- Eight-year winner 9 - Nine-year winner
lyst covered in an industry, as well as the number of stocks the analyst covered within that industry. Analysts got credit for being right about buy and s one that gets the credit for his or her achievement. Whenever possible, a footnote indicates if an analyst is no longer at the firm shown. An asterisk ind
ng right about buy and sell recommendations. For a stock rated a buy, a positive total return yielded a positive score, but a negative return produced a m shown. An asterisk indicates an analyst who is in the top five in more than one industry.
ative return produced a negative score. Similarly, for a stock rated sell, a negative total return yielded a positive score while a positive return resulted in
ositive return resulted in a negative score.