Frank Li & team J.P. Morgan
Vaulting from runner-up to second place is the 11-member troop at J.P. Morgan under the direction of Hong Kong–based Frank Li, who also helms the No. 2 team in Autos & Auto Parts and a squad that takes a runner-up spot for its coverage of China. Tracking 20 companies, “the entire team is experienced, dedicated and detail oriented — and that makes them the go-to analysts for the sector,” proclaims one investor. The analysts currently favor “those industrials that are leveraged on the U.S. recovery,” Li says, but they are maintaining a “relatively cautious stance” on companies that are reliant are China’s domestic economy. Among the former group a standout is Hong Kong’s Techtronic Industries Co., a manufacturer of power tools and accessories. “TTI continued to gain market share from 2007 to 2011, during a downturn in demand for power tools globally and despite a surge in raw materials and wage costs, reflecting the power of such brands as Milwaukee, Ryobi and Hoover,” Li explains. An expected rise in U.S. demand should further lift the company this year, he adds. — Paul Sweeney
Vaulting from runner-up to second place is the 11-member troop at J.P. Morgan under the direction of Hong Kong–based Frank Li, who also helms the No. 2 team in Autos & Auto Parts and a squad that takes a runner-up spot for its coverage of China. Tracking 20 companies, “the entire team is experienced, dedicated and detail oriented — and that makes them the go-to analysts for the sector,” proclaims one investor. The analysts currently favor “those industrials that are leveraged on the U.S. recovery,” Li says, but they are maintaining a “relatively cautious stance” on companies that are reliant are China’s domestic economy. Among the former group a standout is Hong Kong’s Techtronic Industries Co., a manufacturer of power tools and accessories. “TTI continued to gain market share from 2007 to 2011, during a downturn in demand for power tools globally and despite a surge in raw materials and wage costs, reflecting the power of such brands as Milwaukee, Ryobi and Hoover,” Li explains. An expected rise in U.S. demand should further lift the company this year, he adds. — Paul Sweeney
