Media: Entertainment
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Media: Entertainment

Clients say “great short-term and long-term stock calls,” such as an “early but well-­timed call on Disney,” help Anthony DiClemente rise the final rung to secure his first-­ever appearance at the top of the ranking.

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Anthony DiClemente Barclays Capital


The buy side says: “Anthony has the intuition of a buy-side investor.”


Clients say “great short-term and long-term stock calls,” such as an “early but well-­timed call on Disney,” help Anthony DiClemente rise the final rung to secure his first-­ever appearance at the top of the ranking. “Anthony made great stock and industry calls going into the 2008 downturn and into the 2009 recovery,” observes one buy-side enthusiast. The Barclays Capital analyst upgraded Walt Disney Co. from neutral to buy in early May 2009, at $22.89, telling investors that the Burbank, California–based company was ahead of its peers in developing and marketing digital content and that revenues at its signature theme parks had stabilized. The call proved to be a bit premature — the stock moved little over the next few months; but by late that July, the share price had begun to gain momentum, surging 42.2 percent, to $32.54, and outdistancing the sector by 11.8 percentage points, by the end of August 2010. “Anthony’s bullish call on cyclical media was dead right as the economy improved. He’s a source of industry knowledge and is willing to stick his neck out on controversial names,” observes one buy-side advocate. The 34-year-old DiClemente, who earned a bachelor’s degree in finance at University of Virginia in 1998, worked as a media analyst at Stern Stewart & Co. before joining Lehman Brothers in 2001; Barclays acquired the North American operations of Lehman Brothers Holdings in September 2008.


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After two years in the runner-up position, Chip Dillon of Credit Suisse rises to No. 3. “He is able to understand more-esoteric issues specific to the space,” touts one client. Dillon initiated coverage of Pactiv Corp., the maker of Hefty brand trash and sandwich bags and a producer of food-service and food-packaging products, in March with an outperform rating, making the case that the Lake Forest, Illinois–based company was undervalued on the basis of earnings and cash flow.
Citi’s P.J. Juvekar, 43, finishes in first place for a second consecutive year. “The analyst makes timely calls, provides excellent written research and knows the industry better than his peers,” insists one portfolio manager. Juvekar upgraded PPG Industries to buy in January, at $59.97, telling clients that the Pittsburgh-­based producer of coatings for industrial, architectural and auto markets would benefit from increased auto production, as inventories had been depleted in 2009 because of the Car Allowance Rebate System, better known as the cash-for-­clunkers program. Juvekar also believed the company would reap benefits from rising industrial production, to which PPG’s earnings are highly correlated.
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