< The 2014 All-America Research Team
Total Appearances: 11
Analyst Debut: 2004For the seventh time in eight years, including his current three-year run, Christopher Danely of J.P. Morgan reigns supreme on this roster. From his base in San Francisco, Danely covers 15 U.S. semiconductors names, and his outlook on the group is positive. In particular, he elevated Santa Clara, California–based Intel Corp. to overweight in January, after having long assigned the stock a neutral rating. Over the preceding 12 months, Intel climbed 20.5 percent but lagged the sector by 10.5 percentage points. The personal computer space, which is the source of the majority of Intel’s revenue and profits, would rebound in 2014 after two years of contracting, the researcher forecast. Moreover, he believed that Brian Krzanich, who became CEO in May 2013, would better manage the business and with his executive team improve margins and returns. Danely has reiterated his position repeatedly throughout the year, raising his estimates along the way. By mid-September, Intel’s stock had leaped 38.8 percent since his upgrade, to $34.54, outperforming its peers by 19 percentage points. The 43-year-old analyst decamped J.P. Morgan to join Citi this month.
