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The Value in Foresight
Independence is prized as investors reward prescient analysts in this year’s annual ranking of the Top U.S. Equity Research Analysts. Ivy Zelman of Cleveland-based Zelman & Associates, for the third consecutive year is No. 1 in the Homebuilders & Building Products sector. She is one of two independent analysts this year to claim the No. spot in their sectors. The other, Edward Wolfe, has been a first-timer for six straight years in the Air-freight & Surface Transportation sector.
December 18, 2008
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Equity analyst Ivy Zelman has a reputation for ­being as hard-­eyed as she is hard­working. So much so that management at companies like Fort Worth–based home­builder D.R. Horton, on the receiving end of her candid research reports, have stopped talking to her. D.R. Horton, whose stock was

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