AT&T, Motorola Tie for Distinction as Most Widely Followed
U.S. Company, According to Nelson Top 25 Research Ranking
12:18 p.m. Mar 17, 1998 Eastern
PORT CHESTER, N.Y., March 17 /PRNewswire/ -- AT&T (NYSE: T) and
Motorola (NYSE: MOT) tied for first place as the most widely followed U.S.
corporations in 1997, according to the latest rankings from Nelson Information, Inc.
Each company is followed by analysts at 62 sell-side firms, according to Nelson.
This marks the third year in a row that AT&T ranked as the most widely followed
U.S. company, while Motorola jumped from fourth place the previous year and 13th
place in 1995.
Intel, which ranked firm in terms of number of research firms in the Nelson
database that cover the company, was the most actively followed company during
1997. Analysts from 58 sell-side firms produced 246 research reports on Intel
during the year, more reports than for any other U.S. company.
The Nelson rankings are based on information contained in the new 1998 edition of
Nelson's Directory of Investment Research, which features data from 775
brokerage firms with more than 10,000 analysts. The 1998 directory is available
now. For information about the directory, call Nelson at 1-800-333-6357, or outside
the U.S. at 914-937-8400, or e-mail info@nelsons.com.
The remaining U.S. companies in the top 10 for coverage, and the number of
research firms following them, were:
-- Cisco Systems, 58
-- Banc One Corp., 57
-- Merck & Co., 57
-- Pfizer, 55
-- 3Com Corp., 55
-- Lucent Technologies, 55
-- Compaq Computer, 54
-- Time Warner, 54
(Due to a tie for 10th place there are 11 companies that make up this top 10 list.)
Nelson also ranks the most widely followed foreign companies and foreign
companies with U.S.-traded shares in the form of American Depository Receipts
(ADRs).
The most widely followed foreign firms in 1997, and the number of brokerages
covering them, were:
-- Royal Dutch Petroleum, 52
-- British Petroleum, 46
-- Northern Telecom, 45
-- Glaxo Wellcome, 44
-- SmithKline Beecham, 43
The only change in this top five from the previous year was that Northern Telecom
moved up to third from fourth, pushing past Glaxo Wellcome.
The most widely followed ADRs in 1997, and the number of brokerages covering
them, were:
-- Telefonos de Mexico, 30
-- SmithKline Beecham, 28
-- YPF Sociedad Anonima "D" Shares, 27
-- Glaxo Wellcome plc, 25
-- News Corporation Limited, 25
The coverage rankings are based on information collected for Nelson directories
and from questionnaires to research firms and from analyst reports published during
1997 of two pages or more.
Nelson Information, Inc. is a leading supplier of financial market information and
the publisher of widely used financial market directories. Nelson also tracks equity
market research activity through its Catalog of Institutional Research Reports,
which is published 10 times per year and records 200,000 research reports from
around the world. Nelson data is also available through a variety of online services,
including the newly introduced Nelsons.com Web site ( nelsons.com ).
Other electronic information services where Nelson data is available -- either via
subscription or through economical pay-per-view rates -- include: Bloomberg,
Bridge, LEXIS-NEXIS and MAXXESS (from Fidelity), as well as financial Web
sites such as Stockpoint, NewsAlert, Quote.com and .xls.
Nelson has been a leading provider of information to financial professionals and
individuals for more than 20 years. More than 80 percent of the largest 200 U.S.
institutions are Nelson customers. Port Chester, N.Y.-based Nelson is a subsidiary
of PRIMEDIA, Inc. (NYSE: PRM), the authoritative source of specialized
information services. PRIMEDIA, formerly known as K-III Communications,
acquired Nelson in 1993. SOURCE Nelson Information, Inc.
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