Industry Sectors - Transport: First

Menno Sanderse & team Morgan Stanley

The buy side says: “Menno is the most diligent analyst in this sector.”

Menno Sanderse, 37, leads his Morgan Stanley trio to repeat at first. The researchers, considered “especially strong on the airlines” by one satisfied customer, earn points for upgrading two carriers from equal weight to overweight, on strong passenger and cargo momentum: Air France-KLM in June 2009, at €8.77, and Deutsche Lufthansa in January 2010, at €11.69. The French airline’s shares skyrocketed 55.4 percent, to €13.63, and flew past the sector by 7.3 percentage points, through December 2010; its German counterpart soared 39.9 percent, to €16.35, and flew past the sector by 32.1 points.