Capital Goods/Industrials: Business & Professional Services - 2008
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

Capital Goods/Industrials: Business & Professional Services - 2008

It’s four straight years in first place for Andrew Steinerman, who is described by one ­money manager as “the standard by which other analysts are measured.”

150x178andrew-steinerman-1.jpg


Andrew Steinerman


Andrew Steinerman ­JPMorgan


SECOND TEAM


Michel Morin Merrill Lynch


THIRD TEAM


Kelly Flynn Credit Suisse


RUNNERS-UP


Gary Bisbee Barclays ; Mark Marcon Robert W. Baird


It’s four straight years in first place for Andrew Steinerman, who is described by one ­money manager as “the standard by which other analysts are measured.” Steinerman, 40, who joined ­JPMorgan Securities in June, when it absorbed Bear, Stearns & Co., urged investors to buy Strayer Education in ­July, at $206.65, arguing in favor of the growth prospects for the Arlington, ­Virginia–based provider of adult education programs. By mid-­September the shares had risen 8.4 percent, to $224.02, outperforming the sector by 6.2 percentage points. “Andrew has a nose for differentiating between durable and ­flawed business models,” avers one enthusiast. Leaping from runner-up to second, Michel Morin ­“doesn’t stubbornly stick to opinions and promptly calls investors’ attention to fundamental changes,” notes one buy-side supporter. Recessionary fears prompted the Merrill Lynch analyst to downgrade Korn/Ferry International, an executive search firm based in Los Angeles, to sell in September 2007, at $22.21. Three weeks later, after the stock had plunged 25.3 percent, to $16.58, Morin upgraded it to hold, on valuation. By mid-­September 2008 the share price had risen 7.0 percent, to $17.74. Although she drops one notch to third place, ­Kelly Flynn of ­Credit ­Suisse continues to impress clients with what one calls her “intellectual honesty.” Flynn upgraded Apollo Group in June, at $51.19, ­citing rising profits at the Phoenix-­based education ser­vices provider. By mid-­September the share price had shot up 31.6 percent, to $67.39. “She provides value-added insights,” says one happy ­investor.


Return to The Best Analysts of the Year


Return to Rankings


Gift this article