Capital Goods/Industrials: Engineering & Construction
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Capital Goods/Industrials: Engineering & Construction

Andrew Kaplowitz, 37, leads the pack for a second straight year.

andrew-kaplowitz.jpg
Andrew Kaplowitz Barclays Capital


The buy side says:
 “Andrew is hands down the best analyst covering the group.”


Andrew Kaplowitz, 37, leads the pack for a second straight year. The Barclays Capital analyst “is able to put himself in my shoes and think like a buy-­sider,” asserts one constituent. In March 2009, when the shares of South Milwaukee, Wisconsin–based mining-­equipment manufacturer Bucyrus International dipped to $11.52, Kaplowitz underscored his overweight rating, arguing that rebounding emerging economies would rapidly boost commodities prices and therefore mining demand. Sure enough, earnings rose — and the stock catapulted to $72.32 in April 2010 before settling to $57.49 in late August, for an eye-­popping 399 percent gain that outperformed the sector by an incredible 371.7 percentage points. Kaplowitz “hits management with the right questions” and “provides impeccable service, with lightning-­fast callbacks — day or night,” say two more supporters.


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In a year when macro concerns overshadowed stock picking, these top analysts came to the aid of investors at sea in the market turbulence.
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.
Michael Gambardella, who sits atop the sector for a third year running, “has been covering this space for 25 years or more — I believe that is the right number — and he offers an unparalleled perspective, given his history with these companies and his relationships,” according to one satisfied client.
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