The buy side says: “Few people on the Street understand the issues as well as Chris.”
Christopher Senyek of ISI Group repeats in first place. Praised by one portfolio manager for his “clear explanations of changing rules and their implications,” the 35-year-old Senyek published a report in September 2009 detailing how Cupertino, California-based Apple would be one of the prime beneficiaries of an expected change by the Financial Accounting Standards Board that would allow high-technology companies to claim subscription revenues simultaneously with hardware sales, instead of deferring them as separate, not-yet-realized items. This modification, he argued, would likely increase the revenues reported and thus buoy the stock prices of affected companies, which also include Redmond, Washington-based Microsoft Corp. and Dell of Round Rock, Texas. FASB approved the rule change two weeks later, and by the end of August, Apple’s shares had jumped 42 percent, from $171.14 on the day Senyek published his report to $243.10.
