Consumer: Leisure - 2010 3rd

Timothy Conder of Wells Fargo Securities slips from second place to third, but he continues to impress clients with his insights and recommendations.

Timothy Conder Wells Fargo Securities

Timothy Conder of Wells Fargo Securities slips from second place to third, but he continues to impress clients with his insights and recommendations. “He doesn’t just give you information, he helps you make money,” as one portfolio manager puts it. Last October the St. Louis–based analyst upgraded Brunswick Corp. of Lake Forest, Illinois, from neutral to overweight, at $9.44, believing that the boat-engine and exercise-equipment manufacturer’s lean operations would allow it to achieve profitability despite a slowdown in sales at that time. He was right. The company swung to profit in the second quarter as year-over-year sales increased by 41 percent. The stock had sped to $12.71 by late August, a gain of 34.6 percent that outpaced the sector by 9.2 percentage points.

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