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Wedbush Securities' Equity Research Earns High Rankings in the 2016 StarMine Analyst Awards

LOS ANGELES, May 31, 2016 (GLOBE NEWSWIRE) -- Wedbush Securities is proud to announce and congratulate its Equity Research Team on its achievements in the 2016 StarMine Analyst Awards. Wedbush's Equity Research team earned high rankings throughout the "Top Stock Pickers" and "Top Earnings Estimators" categories in the Retail & Consumer, Healthcare, and Technology/Internet/Media/Social Media sectors.

The StarMine Awards recognize and highlight the top sell-side firms and analysts around the globe, by measuring and ranking their performances and returns on their sell and buy recommendations earnings estimate accuracy, relative to the broader sell-side peer group. Top stock pickers and earnings estimators are identified and ranked across various categories, including: Top 10 Overall Earnings Estimators, Top 10 Overall Stock Pickers, Top 3 Industry Earnings Estimators, Top 3 Industry Stock Pickers, and Top 3 Most Winning Brokers. The Wedbush Equity Research Team was recognized in the following categories:

Industry Analyst Awards - Top Stock Pickers

  • Heather Behanna, #2 Top Stock Picker in Biotechnology
  • James Dix, #2 Top Stock Picker in Media

Overall Analyst Awards - Top Earnings Estimators

  • Steve Koenig, #7 Top Earnings Estimator in Software

Industry Analyst Awards - Top Earnings Estimators

  • Morry Brown, #3 Top Earnings Estimator in Specialty Retail
  • Steve Koenig, #2 Top Earnings Estimator in Software
  • Phil Terpolilli, #2 Top Earnings Estimator in Food & Staples Retailing

Kirsten Fraunces, Co-Head of Equities Division at Wedbush Securities, states, "It is extremely gratifying to see our Equity Research Team be recognized for their continued excellence in fundamental analysis and stock picking. I am very proud of the team's work, and congratulate them on their StarMine Awards and growing achievements." Mark Benson, Managing Director and Director of Research at Wedbush, adds, "I want to congratulate each analyst for their hard work and strong performance in these key metrics versus their sell-side competitors."

Wedbush Securities' Equity Research offers in-depth and differentiated research coverage across the consumer, healthcare, technology, and industrial growth sectors. The team, comprised of 20 publishing analysts, generates timely, insightful analyses, along with the firm's award-winning "Wedbush Best Ideas List," an actively monitored compilation of stock ideas identifying outperformance trends over the forward six to twelve month period. Wedbush's Equity Research consistently ranks among the industry's leading performance surveys, including Barron's and Zacks Investment Research's "Top Stock Picking Firm," Financial Times' "Top Analysts," Institutional Investor's "Rising Stars of Wall Street Research," Wall Street Journal's "Best of the Street," and StarMine's "Analyst Awards for Excellence."

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About Wedbush Securities

Founded in 1955, Wedbush Securities is a leading investment firm that provides brokerage, clearing, investment banking, equity research, public finance, fixed income, sales and trading, and asset management to individual, institutional, and issuing clients. Headquartered in Los Angeles, with nearly 100 offices, the firm focuses on dedicated service, client financial safety, continuity, and advanced technology. Wedbush Securities is the largest subsidiary of holding company WEDBUSH, Inc., which also includes affiliated firms Wedbush Asset Management, Wedbush Capital Partners, Wedbush Opportunity Partners, and Lime Brokerage, LLC.

CONTACT: Teny Josephbek 213.688.8057 publicrelations@wedbush.com

Source:Wedbush Securities