This post is part of a special annual report -- Top Stock Picks '09 -- in which TheStockAdvisors.com asked 75 leading newsletter advisors to select their favorite investment for the new year.

"Graham (AMEX: GHM), our top pick for 2009, is perfectly positioned to provide high tech equipment to the coming green tech revolution," says technology specialist Tom Vass in Wall Street Window.

"Graham is a global designer and manufacturer of custom-engineered ejectors, liquid ring pump packages, condensers, and heat exchangers.

"Its equipment is for applications in the petrochemical, oil refinery and electric power generation industries, including cogeneration and geothermal plants.

"Their products are the essential building blocks to the production of every other form of 'green' energy. International sales accounted for 37% and 33% of total sales for the second quarters of fiscal 2009 and fiscal 2008, respectively.

"Our patented technology stock selection method tracks what technology companies are doing with their free cash flow. Total cash flow from operating activities for GHM increased to $19,702,000 in 2008 compared to a year end of $5,193,000 for 2007.