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Top 20 advisors: Tom Bishop mines for value in Taseko

Last December, Thomas Bishop, editor of BI Research, chose Taseko Mining Ltd. (ASE: TGB) as his favorite stock for 2007. It rose 44% as of 6/1/07. Please see Tom's original recommendation for Taseko and his current favorite stock for the second half of the year.

On TGB, he now says, "Strong prices for copper continue to help Taseko Mining. I should also note that molybdenum is now over $33 a pound. This is about as high as it has been in recent years.

"This 'small' byproduct of the Gibraltar mine, at this rate, could kick in $30 million of gravy. Once Taseko upgrades and expands its mill, considerable additional profitability should be unleashed, which we expect in 2008.

"I still like this little company a lot, particularly now that the stock has digested its earlier run. This consolidation was in part followed a less robust than expected first quarter, which I think only creates a buying opportunity because the growth story remains intact -- if not more so. I continue to rate the stock a 'strong buy' "

See all 20 stocks the advisors picked for the second half of 2007.

Top 20 advisors: Tom Bishop bets on NutraCea

Last December, over 100 stocks were featured in our Top Picks for 2007 report. Now, at mid-year, we turn to the 20 advisors whose picks showed the strongest gains to get an update on their previous picks, as well as a new favorite stock for the second half of the year.

Thomas Bishop, editor of BI Research, chose Taseko Mining Ltd. (ASE: TGB) as his favorite for 2007, which rose 44% as of 6/1/07. Please see his original recommendation and his current opinion on the stock.

NutraCea (OTC: NTRZ) is his new stock pick. The advisor explains, "Rice is the most consumed grain on the planet and is a primary food source for 70% of the world's population. However, 65% of its nutritional value is in the bran covering that is routinely stripped off. NutraCea offers a patent technology that preserves these nutrients.

"NutraCea had developed a technology that stabilizes rice bran into an FDA-certified edible product, leaving the nutritional value of the bran intact with a shelf life of one to three years. There is tremendous interest in this highly nutritional product, especially from humanitarian relief organizations, the nutraceutical industry, and both human and animal food companies.

"NutraCea's client roster has 187 customers, including the likes of General Mills, Pepperidge Farms, Con Agra, Archer Daniels Midland, and Purina. In addition, some 500 companies have signed nondisclosure agreements with NutraCea to test using its product in their products.To cut to the chase, NutraCea is facing demand that is expected to exceed its ability to supply it for years to come.

Continue reading Top 20 advisors: Tom Bishop bets on NutraCea

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Last updated: November 10, 2009: 06:51 PM

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