Three Forces Shaping Copper's Path Forward

Sponsored by CME Group February 23, 2026

Louis Miscioscia Cowen

RUNNERS-UP

Kevin Kessel JPMorgan ; William Stein Credit Suisse

For a second consecutive year, Jim Suva, 37, of Citi captures the top spot. The San Francisco–based analyst proved his “objective prowess and solid analytical acumen,” in the words of one investor, when he downgraded circuit-board manufacturer Flextronics International of Singapore in June 2007, at $11.54, based on excess capacity in the industry and increased global competition. The stock had sunk to $8.44 by mid-September 2008, a decline of 26.9 percent that was worse than the sector’s 20.8 percent drop. Steven Fox holds steady in second place. The bearish Merrill Lynch analyst is noted for his contrarian downgrade of Jabil Circuit in September 2007, at $24.73, on rising competition and falling demand. The share price of the St. Petersburg, Florida–based producer of set-top boxes had tumbled 48.0 percent by March, to $12.87. “That call helped us miss the bullet,” says one grateful investor. Fox then upgraded Jabil to buy, and the stock rose to $18.50 in mid-August before falling with the rest of the market, to $12.73 in mid-September. Repeating in third place is Louis Miscioscia of Cowen and Co., whose “longevity has given him the context to analyze issues and trends effectively,” according to one money manager. In July, Miscioscia urged clients to buy Sanmina-SCI Corp., citing strong growth prospects. By mid-September shares of the San Jose, California–based circuit-board manufacturer had skyrocketed 59.9 percent.

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