Today in a special report, The Wall Street Journal released the complete results of the annual Best on the Street Analysts Survey. 2011 marks The Wall Street Journal’s 19th year hosting the survey, and FactSet's third consecutive year as the data provider.
The Best on the Street identifies the top five equity securities analysts in each of 44 industries, based on an objective, quantitative evaluation of their stock-picking performance. Optimism was a common theme for the winning analysts of this year’s survey.
By and large, this year's winning analysts were bullish earlier and grew increasingly more so over the course of the year. On average 51 % of the winners’ active ratings were buys at the start of 2010, compared with 47% of the rest of the pack. And while the winners’ percentage of buy calls rose to more than 55% by the end of September, the losers stalled out at 49%.
As with last year’s rankings, The Wall Street Journal relied on FactSet Estimates, an all-inclusive database of analyst recommendations, to power the rankings. FactSet Estimates uses data from more than 760 contributing brokers to cover more than 16,000 active global companies. The database provides several dozen estimate types, and combines FactSet’s comprehensive content with unparalleled transparency to deliver the most reliable data available. To learn more about the Best on the Street, visit www.factset.com/wsj.
|
