THIRD TEAM

Christyan Malek Deutsche Bank

Solo analyst Christyan Malek of Deutsche Bank captures third place. Malek’s January 2008 upgrade of Italy’s Saipem from hold to buy, at €23.41, on the underwater-pipeline and drill builder’s backlog of quality contracts, may have been too early. But when the shares sank as low as €12.04 in December 2008, he pounded the table and eventually was vindicated: By late December 2010 the stock had rallied to €36.84, surging 57.4 percent since the analyst’s upgrade. “He stuck to his guns, which is what makes him invaluable,” acclaims one admirer.