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Top Picks 2011: Northern Dynasty (NAK)

This post is one in a series in which more than 60 newsletter advisors share their Top Stock Picks for 2011. This special report is courtesy of TheStockAdvisors.com.

"Northern Dynasty (NAK) -- my top pick for 2011 -- is an exploration and development mining company that has discovered and drilled off one of the largest gold-copper deposits in the world," says Tom Bishop.

The editor of BI Research explains, "The Pebble deposit, discovered by and still 50% owned by Northern Dynasty, is located in southwestern Alaska and contains 80 billion pounds of copper and 107 million ounces of gold.

Continue reading Top Picks 2011: Northern Dynasty (NAK)

Analyst calls: PEP, FIG, PUK, BEN, ASML, X, RDS.A, CHU, SVR ...

Analyst upgrades:
  • PepsiCo (NYSE: PEP) was upgraded to Buy from Hold at Deutsche Bank.
  • Fortress (NYSE: FIG) was upgraded at Citigroup to Hold from Sell.
  • Prudential (NYSE: PUK) was lifted to Overweight from Neutral at JP Morgan.
  • Keefe Bruyette upgraded Franklin Resources (NYSE: BEN) to Outperform from Market Perform and added shares to their Best Ideas List on valuation as they see an attractive risk/reward at current levels.
  • UBS upgraded ASML Holding (NASDAQ: ASML) to Buy from Neutral on valuation as they believe the company remains a market leader.
  • Oppenheimer raised Seattle Genetics (NASDAQ: SGEN) to Outperform from Perform on valuation following the recent weakness as they expect positive clinical news flow beginning in December.
Analyst downgrades:
  • UBS downgraded U.S. Steel (NYSE: X) to Sell from Buy and lowered its target to $30 from $60 citing deteriorating U.S. conditions and concerns about the company's high fixed costs in a falling steel price environment.
  • Royal Dutch Shell (NYSE: RDS.A) was downgraded to Underperform from Neutral at Credit Suisse.
  • China Unicom (NYSE: CHU) was lowered to Underweight from Neutral at JP Morgan.

Continue reading Analyst calls: PEP, FIG, PUK, BEN, ASML, X, RDS.A, CHU, SVR ...

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 10, 2012: 09:41 PM

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