D.A. Davidson & Co. Research Analyst JB Groh Named 'Best on the Street' by Wall Street Journal

Three Davidson Analysts Receive ‘Best on the Street’ Accolade

PORTLAND, Ore.--(BUSINESS WIRE)--D.A. Davidson & Co., the largest full-service investment firm based in the Northwest, today announced senior research analyst JB Groh has been named the top analyst for his stock-picking prowess in the Heavy Machinery and Materials sector by The Wall Street Journal’s “Best on the Street” for 2010. Groh was also listed as the #2 analyst in the Aerospace and Defense sector. Fellow D.A. Davidson analysts Steve Chercover and Tim Ramey, received recognition as the #5 analyst in General Industrials and #3 analyst in Food and Tobacco sectors, respectively.

“We are pleased and proud that three of our senior analysts have been recognized for their proven fundamental analytic skills and respective industry expertise”

“We are pleased and proud that three of our senior analysts have been recognized for their proven fundamental analytic skills and respective industry expertise,” said John Rogers, head of institutional equity research for D.A. Davidson. “This honor reinforces D.A. Davidson’s commitment to research focused on sound stock selection and industry expertise as the basis for our client services.”

This year marks the fifth year in a row that Groh has received recognition from The Wall Street Journal. He has also received recognition in key financial analyst rankings from Forbes, The Financial Times and StarMine. Chercover received the ‘Best on the Street’ recognition in 2004 as well as receiving numerous recognitions for his analytic expertise from Forbes, Financial Times, Institutional Investor, and StarMine. This is the fourth year that Ramey has been recognized by the Wall Street Journal. Ramey was ranked first among top U.S. equity Food Industry analysts in the 2010 Financial Times and StarMine survey of analyst performance as well as being named “Best Brokerage Analyst” in 2009 by Forbes magazine.

The Wall Street Journal rankings are based on stock-picking ability, recognizing the analysts whose recommendations generated the best returns during 2010. The survey focuses on 44 industries thought to be of particular interest to investors. The top performing analysts were selected based on data from more than 6,800 analysts at more than 575 firms.

D.A. Davidson provides research to investors and institutional clients across North America, with some of the broadest coverage among brokerage firms based in the Northwest. The company’s 16 analysts provide research on 252 publicly owned companies. The research is supported by professional sales and trading, including market making.

About D.A. Davidson & Co.

Founded in 1935, D.A. Davidson & Co. is the largest full-service investment firm based in the greater Northwest. D.A. Davidson & Co. is part of Davidson Companies, an employee-owned financial services holding company based in Great Falls, Montana that has 1,100 employees working in 17 states. Also part of Davidson Companies are Davidson Trust Co., a wealth management and trust firm; Davidson Investment Advisors, a professional asset management firm; Davidson Fixed Income Management, a registered investment adviser providing wealth management and other fixed income services; and Davidson Travel, a full-service travel agency.