Zacks In The News
Zacks Releases Semiannual Model Portfolio Rankings
There was something new this year that was common among the better performers. “The better performing portfolios were heavily weighted in medical stocks,” says Zacks Equity Strategist, Tracey Ryniec. “It was the second highest ranked sector among them. The first was computer/technology. I don’t remember ever seeing the medical category show up where it was as high a concentrated sector. Previously, finance had still ranked high as one of the most popular sectors. It appears in 2012 the brokers have finally lost some of their love for that group. They’re still in it, but it’s not ranking as high.”
The top ranked brokerages for first half 2012 (12/31/11- 6/30/12) are as follows…
Rank |
Brokerage Firm |
Total Return |
1. | Wedbush Securities | 12.75% |
2. | Bank of America/Merrill Lynch | 11.76% |
3. | MSSB | 8.89% |
4. | Edward Jones | 8.79% |
5. | Goldman Sachs | 6.78% |
6. | McAdams Wright Ragen | 3.95% |
7. | New Constructs | 3.81% |
8. | Charles Schwab | 1.19% |
9. | Morgan Keegan | -1.94% |