BB&T Capital Markets has added equity research coverage of the automotive aftermarket industry to its list of services. The coverage is led by Senior Research Analyst Tony Cristello.
"Today's news represents our initial commitment to this important industry," says Vernon Plack, director of Equity Research at BB&T Capital Markets. "Our coverage goal is to encompass numerous verticals within the industry, to include manufacturers, distributors, retailers, tire dealers and automotive service professionals.
"While many other firms write equity research on specific companies or segments of the automotive aftermarket, our effort is designed to provide investors with the unique insights that can only be gained by simultaneously monitoring aftermarket activity throughout the entire channel."
The equity research team at BB&T Capital Markets is comprised of more than 35 senior and associate analysts writing research on 275 public companies.
BB&T Capital Markets is a division of Scott & Stringfellow Inc., a registered broker/dealer and wholly owned subsidiary of Winston-Salem, N.C.-based BB&T Corp.
BB&T Corp. and its subsidiaries offer full-service commercial and retail banking and additional financial services such as insurance, investments, retail brokerage, corporate finance, treasury services, international banking, leasing and trust.
BB&T operates more than 1,400 financial centers in the Carolinas, Virginia, Maryland, West Virginia, Kentucky, Tennessee, Georgia, Florida, Alabama, Indiana and Washington, D.C.
With $105.8 billion in assets, BB&T Corp. is the nation's ninth largest financial holding company. More information about BB&T Corp. is available at www.bbandt.com.
