Sanford C. Bernstein & Co.
The buy side says: Craig is a fearless intellectual who provides brilliant, in-depth analysis.
Craig Moffett rules the roost for a fifth year running; the 48-year-old analyst is also ranked third in Telecom Services. Hailed by one investor for his spot-on predictions on share gains at cable companies, the Sanford C. Bernstein & Co. researcher urged clients to buy Time Warner Cable way back in July 2008, well ahead of its spin-off from parent Time Warner. He reiterated his stance in April 2009, at $27.06, citing the New Yorkbased cable TV, Internet and phone service providers improving cash flow, broadband technological advantage and debt-reduction strategy. In May 2010, after the stock had flown to $48.90 a stunning 80.7 percent gain that outpaced the sector by 42.1 percentage points he finally pulled the plug, on fears of price regulation by the Federal Communications Commission. He may have tuned out too soon; TWCs stock continued to rise, ending August up 5.5 percent higher, at $51.57. As one backer notes, however, Craig is not afraid to have a nonconsensus view of the world. He has accurately predicted declines in business at telecom companies and the path of regulation that is currently being pursued by the FCC.