Consumer: Retailing/Specialty Stores - 2010 3rd
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Consumer: Retailing/Specialty Stores - 2010 3rd

After two years in the runner-up position, Paul Lejuez rises one rung to third place.

Paul Lejuez Credit Suisse


After two years in the runner-up position, Paul Lejuez rises one rung to third place. Lejuez, who left Credit Suisse in mid-July for Nomura Securities, upgraded the TJX Cos. of Framingham, Massachusetts, from neutral to outperform in May 2009, at $27.28, telling clients that the discount-apparel retailer would be “one of the major beneficiaries of the shifts in consumer shopping patterns” as bargain hunting became the order of the day. The stock had vaulted 52.4 percent, to $41.57, by the time Lejuez discontinued coverage in July, ahead of his departure from Credit Suisse. During the same period the sector advanced only 17.9 percent.


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