Consumer: Cosmetics, Household & Personal Care Products - 2010 2nd
Institutional Investor Research is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Consumer: Cosmetics, Household & Personal Care Products - 2010 2nd

In second place for a second year running is Lauren Lieberman. “The hardest-working analyst in the space and the most responsive,” is how one buy-side backer describes the Barclays Capital researcher.

Lauren Lieberman Barclays Capital


In second place for a second year running is Lauren Lieberman. “The hardest-working analyst in the space and the most responsive,” is how one buy-side backer describes the Barclays Capital researcher. In September 2009, Lieberman reaffirmed her neutral rating on Colgate-Palmolive Co., at $74.75, telling clients that the New York–based consumer-products manufacturer’s sales growth was lagging those of its peers, with the inevitable result being an earnings slowdown. The stock was trading as high as $84.59 in late July, but when the company reported disappointing second-quarter sales a few days later, shareholders fled. The share price had tumbled to $73.84 by the end of August.


Related

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.
Citi’s P.J. Juvekar, 43, finishes in first place for a second consecutive year. “The analyst makes timely calls, provides excellent written research and knows the industry better than his peers,” insists one portfolio manager. Juvekar upgraded PPG Industries to buy in January, at $59.97, telling clients that the Pittsburgh-­based producer of coatings for industrial, architectural and auto markets would benefit from increased auto production, as inventories had been depleted in 2009 because of the Car Allowance Rebate System, better known as the cash-for-­clunkers program. Juvekar also believed the company would reap benefits from rising industrial production, to which PPG’s earnings are highly correlated.
Gift this article