Introducing Wall Street's Rising Stars of Equity Research age 35 and under
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Every day an army of Wall Street stock analysts issue target prices, stock predictions, and forecasts for many of the thousands of publicly traded companies.
We scoured our contacts for the best and brightest of these analysts, receiving recommendations from bosses, colleagues, investors, and recruiters. The editors made final decisions.
We came across many talented people. We've included people with varying levels of experience at Wall Street research firms, including Morgan Stanley and JPMorgan. While we've included the best and the brightest of the nominees, this list is by no means comprehensive.
To be eligible, the rising stars had to be age 35 or younger as of December 1, involved in sell-side equity research at a Wall Street firm, and be distinguished in some way from the pack.
Here's Business Insider’s list of the top young Wall Street stars of equity research:
Sami Badri, 29, Credit Suisse | Communications Infrastructure
Credit SuisseSami Badri had a peripatetic childhood. His father's work in petroleum allowed him to spend many of his formative years in wide-ranging places like Dubai, Jakarta, and Cairo, before heading to Penn State University to study finance.
Upon graduation in 2011, Badri began his career as a consultant for PwC's financial services strategy group before realizing his passion for equity research. He joined Credit Suisse in 2013 covering IT hardware, telecom, and networking/storage technology companies. In April 2017 he was promoted to senior equity analyst, leading coverage of five communications infrastructure stocks.
In his spare time, you can find Badri on the tennis court.
Devin McDermott, 30, Morgan Stanley | Natural Gas and Power
Morgan StanleyAt 30, McDermott has already made a name for himself and is a regular on industry lists of the top performing analysts. McDermott differs from his peers in that he has insight from multiple angles of his business from his stint as an energy trader and analyst for energy utility ConEdison before moving to Morgan Stanley at the associate level.
In four years at Morgan Stanley, he’s moved through a vice president role and is an now executive director. McDermott is the Head Natural Gas and Power Strategist and an analyst on the power, utilities, and clean energy team. He is the first or second analyst on 40 stocks in the energy sector.
McDermott’s work ethic comes from his passion for clean energy, which was inspired by his family trips to pristine upstate New York when he was a child. McDermott says he is committed to improving the environment and has championed socially responsible investing at Morgan Stanley during his time there.
—Seth Archer
Stephanie Davis, 30, Citi | Healthcare IT
CitiDuring her time studying mathematics at Columbia University, Stephanie Davis never thought about going into finance. The math world, after all, was degree upon degree, leading to an eventual mathematician job or professorship. After a summer internship with Lehman Brothers and a year spent doing investment banking for a boutique M&A firm, however, she was inspired to apply online to a JPMorgan job posting that would seal her eventual Wall Street career path.
The New Jersey native began her tenure as an associate on the bank’s Institutional Investor-ranked payments, processors and IT services team for six years before being promoted to senior analyst covering Healthcare IT where she was recognized by II as a rising star. Eventually, Citigroup phoned her desk line at JPMorgan to offer her a job she couldn’t refuse.
Davis joined Citi in October of this year and is quickly preparing to launch coverage of Healthcare IT stocks soon for the bank.
See the rest of the story at Business Insider