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Anthony DiClemente | Anthony DiClemente Barclays SECOND TEAM Michael Nathanson Sanford C. Bernstein THIRD TEAM Mark Wienkes Goldman Sachs RUNNERS-UP Marci Ryvicker Wachovia |
Vaulting from runner-up to claim his first No. 1 finish, Anthony DiClemente is “fearless on controversial calls,” says one investor. The 32-year-old analyst downgraded CBS Corp. to underweight in September 2007, on a slowdown in advertising. By mid-September 2008 the stock had slumped 43.5 percent, underperforming the sector by 31.1 percentage points. DiClemente, who is also No. 3 in Entertainment, joined Lehman Brothers in 2001, after earning a bachelor’s degree in finance at the University of Virginia. He moved to Barclays Capital after its parent acquired Lehman last month. Up one notch to No. 2 is Michael Nathanson, who is also No. 1 in Entertainment. In August 2007 the Sanford C. Bernstein & Co. analyst urged clients to buy shares of Clear Channel Communications, then at $34.52, and hold them until its then-proposed leveraged buyout was completed. The deal closed in July, at $36 per share. Unranked last year, Mark Wienkes of Goldman, Sachs & Co. finishes third. Wienkes highlighted his sell call on New York’s Sirius Satellite Radio in March, at $3.15, opposing its plan to merge with XM Satellite Radio Holdings of Washington, D.C. Shares of the combined company, Sirius XM Radio, had tumbled to 95 cents by mid-September.
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