Telecommunications: Telecom Equipment/Wireless 2008 Best Analysts
Institutional Investor Research is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Telecommunications: Telecom Equipment/Wireless 2008 Best Analysts

In first place for a second straight year is Ehud Gelblum, who also captures first place in Data Networking & Wireline Equipment. Second place: Jeffrey Kvaal Barclays. Third place: Tal Liani Merrill Lynch.

150x178ehud-gelblum-4.jpg


Ehud Gelblum


Ehud Gelblum ­JPMorgan


SECOND TEAM


Jeffrey Kvaal Barclays


THIRD TEAM


Tal Liani Merrill Lynch


RUNNERS-UP


Timothy Long BofA


In first place for a second straight year is Ehud Gelblum, who also captures first place in Data Networking & Wireline Equipment. Clients praise the ­JPMorgan Securities analyst for his “ability to distill the different drivers in a com­pany’s fundamentals in a down-to-earth manner” and his “clear view on both absolute and relative performance.” Gelblum, 39, upgraded Qualcomm to overweight in November, at $40.82. “I had been ­very negative on Qualcomm for a long time,” the analyst says, explaining that he reversed his position because “their chip business was going to have a breakout year.” By mid-­September shares of the San Diego–based outfit had shot up to $47.92, a gain of 17.4 percent that outpaced the sector by 50.7 percentage points. Jeffrey ­Kvaal, now with Barclays Capital, following its parent’s acquisition last month of Lehman Brothers, debuts in second place. “He stands out for making succinct calls that ­clearly state his views,” says one admirer. Last October, believing that L.M. Ericsson Telephone Co.’s problems “were not transient but long-term,” ­Kvaal down­graded the Stockholm-­based telecommunications concern’s American depositary receipts, at a split-­adjusted $14.66. By mid-­September the ADRs had sunk to $10.76. Unranked last year, Tal Liani of Merrill Lynch finishes third. He is also No. 2 in Data Networking & Wireline Equipment. Liani is “not afraid to address the difficult issues that other analysts may avoid,” says one investor. Liani down­graded Motorola in January 2007, at $19.98, believing that the Schaumburg, Illinois–based mobile phone manufacturer’s disappointing fourth-­quarter 2006 earnings were not “a one-time hiccup” but reflected “increased pressure on Razr pricing.” In August 2008, after the share price had plummeted 56.2 percent, to $8.76, he upgraded the stock to buy, on valuation. Motorola rose 17.2 percent ­over the next two weeks before falling with the rest of the market, and in mid-­September was down 7.2 percent since Liani’s ­upgrade.


Return to The Best Analysts of the Year


Return to Rankings


Gift this article