RailTrends 2013 Speakers and Their Bios

Donald Broughton is a Senior Research Analyst and Managing Director covering Industrials and Transportation. Prior to joining Avondale, Donald was a Senior Research Analyst at A.G. Edwards covering Industrials from 1995 to 2007. His coverage has included trucking, airfreight, railroads and freight forwarders. Before that, Donald spent eight years in various distribution and operations management roles in the beverage industry, including serving as the corporate distribution manager for the Dr Pepper/Seven Up companies and chief operating officer of Bevmark Concepts.

Mr. Broughton has been recognized by The Wall Street Journal as its "Best on the Street" 2000 and 2006 surveys for his stock-picking performance in both the cargo and railroad industry groups. He was ranked by Zack's Investment Research in 2005 and StarMine in 2006 as a Five-Star Analyst (the highest ranking) based on the historical performance of his recommendations. Mr. Broughton is also known for his development of a "Value to Density Spectrum" study of the tangible goods flow, and tracking of trucking bankruptcies.

Mr. Broughton has been a frequent guest on CNBC, CNN and the "Nightly Business Report." He has also been widely quoted by The Wall Street Journal, Investors Business Daily, Bloomberg, Forbes, Fortune, Money and various transportation industry journals.

Mr. Broughton has served as a guest lecturer at various universities and has been a regular speaker at many transportation industry conferences.

Mr. Broughton received his bachelor's degree in business administration with an emphasis in accounting from Southeast Missouri State University.

Session T02.0 "Analysts Take on the New Energy World"