Douglas Mitchelson of Deutsche Bank Securities repeats at No. 3; he also secures third place in Cable & Satellite. The Greenwich, Connecticut–based analyst “has the best models on the Street,” one portfolio manager cheers. “In addition, he accurately predicted an upward rerating of the entertainment group.” Mitchelson leads coverage on 17 media names and expects to add to his list soon. He is bullish on the entertainment segment of the sector for a variety of reasons. For example, he notes that “the networks have leverage over distributors, a strong international growth outlook — and they are leveraging technology to offer new windows for content and improve the value of existing windows via on-demand availability.” Furthermore, Mitchelson characterizes the industry’s cost-growth prospects as “reasonable.” The analyst “is in constant dialogue with managements — I trust his numbers more than any of his peers’,” another advocate insists. — Pam Baker |
Pam Baker Connecticut Douglas Mitchelson Deutsche Bank Securities
