Each year Steven Halpern, editor of TheStockAdvisors.com, surveys the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is part of his 24th annual Top Picks Report.

Pinetree Capital Corp. (TSX: PNP) (Other OTC: PNPFF) is the top pick for speculative investors for 2007 from technical analyst Mark Leibovit. The editor of VRTrader says, "Pinetree is a diversified investment and merchant banking firm focused on the small cap market. Its investments are primarily in the resources sector: uranium, oil and gas, precious metals, and base metals.

"Its investment approach is to build a macro position in a sector, find the micro-cap opportunities in that sector, and work with those companies to build them to commercial production and create an exit.

"Our primary interest in Pinetree is for its strength as a uranium play. Spot uranium has hit a new bull market high of $60/lb. as growing demand on a worldwide level for uranium grows, based on the recognition that nuclear generated power is the only true long-term answer to our energy needs.

"The upside target in Pinetree is unlimited, depending on whether or not a buying panic ensues for uranium shares. It is our view that larger fish will eventually be gobbling up all available uranium resources to insure future supply for current and soon-to-be-built nuclear plants. Upside target is set for $30 for now, looking through 2007."

To see Mark's favorite conservative idea for 2007, click here.

Top Picks 2007: Leibovit sees Pinetree's growth in uranium originally appeared on BloggingStocks on Tue, 26 Dec 2006 14:30:00 EST. Please see our terms for use of feeds.