This content is from:xinyabo体育app

Technology: Computer Services & IT Consulting 2008 Best Analysts

Roderick Bourgeois, in first place for a third straight year, “simply outworks his competition,” insists one money manager. 2008 Best Analysts of the Year.

Roderick Bourgeois

Roderick Bourgeois

Sanford C. Bernstein

SECOND TEAM

Adam FrischUBS

THIRD TEAM

Tien-Tsin HuangJPMorgan

Roderick Bourgeois, in first place for a third straight year, “simply outworks his competition,” insists one money manager. The 39-year-old Sanford C. Bernstein & Co. analyst has maintained a yearlong outperform rating on long-standing favorite Accenture, a Bermuda-based information technology consulting firm, contending that “the IT consulting market is much less sensitive to the economy than commonly feared.” Year-to-date through mid-September, Accenture’s shares outpaced the sector by 4.8 percentage points. In November, Bourgeois issued a contrarian upgrade of Electronic Data Systems Corp., at $19.37, on valuation. In May, Hewlett-Packard Co. announced that it would acquire the Plano, Texas–based computer services provider for $25 a share. The deal closed in August. In second place for a third consecutive year is Adam Frisch of UBS, whose “understanding of the payment-processing sector is especially distinguishing,” says one buy-side backer. Case in point: Frisch’s recommendation of Purchase, New York–based MasterCard in May 2007, at $134.14, on strong revenue growth coupled with cost-cutting initiatives. By mid-September 2008 the stock had skyrocketed to $223.82, a gain of 66.9 percent that outperformed the sector by 71.4 percentage points. Tien-Tsin Huang of JPMorgan Securities debuts in third place. “He really digs in deep yet still finds time for strong personal service,” marvels one investor. Huang downgraded ExlService Holdings, a New York–headquartered processor of mortgage applications and insurance claims, to sell in January, at $19.71, citing concerns about the company’s exposure to weakening financial services sectors. The share price had plunged 42.4 percent, to $11.36, by mid-September.

Return to The Best Analysts of the Year

Return to Rankings

Related Content