It’s March 12, 2020. The president has just banned travel from Europe. Stocks are in free fall. There’s a constant churn of breaking news alerts as something else shuts down: Broadway. Schools. Major League Baseball.

In makeshift home offices in New York and across the country, Wall Street’s analysts are scrambling to answer the question that every investor is asking: What happens next?

And in the middle of a crisis, new stars were born.

The 49th annual All-America Research Team celebrates the analysts and research providers that have risen to the challenges of the coronavirus pandemic. These are the experts investors turned to when entire industries shuttered overnight, even as companies themselves stopped trying to forecast their uncertain financial futures...

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