16 up-and-comers in equity research making calls on everything from cannabis to clean energy

In a report to clients in late May, Bernstein analysts said to pick your spots and wear a helmet.

There was a high-stakes market theme in the report. Growth stocks, once the market's high-flying winners, are struggling as investors seek out profitable, steady names, while experts see risks of a recession in the US

The market is looking at the models to see if they're viable. The analysts wrote that the financials of the companies they cover are not clear because of spending on growth initiatives. It's on them to prove it.

After rising through the ranks at Bernstein, Devnani was in the analyst's seat for the first time. There is a crop of rising stars selected at a time when a turbulent market is testing stock analysts' calls.

An analyst who wanted to be a physicist but found a love for investment research is one of the people on Insider's annual list.

To be eligible for the list, analysts had to be 35 years old or younger, based in the US, and work in sell-side equity research at a Wall Street firm. Nominees submitted by colleagues, bosses, and investors were used to pick the finalist. Reporters talked to the analysts about their careers.

Subscribe here to meet the rising stars of equity research, the up-and-comers making calls to help investors separate the winners from the losers.