All America Research Team

Progressing from associate to junior to senior analyst is an obstacle course. Here are some lessons from some of this year’s finest young talent.
On the 45th anniversary of our ranking of Wall Street’s top equity analysts, it’s worth noting why the buy side still buys sell-side research.
Demand in the commodity sectors is a bit more fragile than it was, says Timna Tanners of Bank of America Merrill Lynch, and the macroeconomic outlook remains humbling.
The Cornerstone Macro portfolio strategist and quant joins the ranks of the research elite after ten of 11 years as a first teamer.
The top-ranked All-America Research Team analyst in engineering and construction shares some of the best career advice she’s received.
Michael Blum, top-ranked master limited partnership analyst with Wells Fargo Securities, shares the worst call he ever made.
Deutsche Bank and J.P. Morgan Cazenove round out the top three; UBS stumbles.
The No. 1 analyst in the sector, J. Michael Webber of Wells Fargo Securities, is bullish on product and crude tankers and recommends companies with sustainable cash flow growth and strong balance sheets.
Evercore ISI’s Umer Raffat, the sector’s No. 1 analyst, is unabashedly bullish on speciality pharmaceuticals manufacturers, citing reasonable valuations and a high number of takeover targets.
Jamie Cook of Credit Suisse, the sector’s most highly regarded researcher, says now is a good time for longer-term investors to pick up quality names at reasonable valuations.