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Top Picks for 2010: Verenium (VRNM)

This post is part of a special report, Top Picks for 2010, the 27th annual survey in which TheStockAdvisors.com asks the nation's leading advisors for their single favorite stock for the new year. See all 80 stocks listed here.

"The Energy Security Act of 2007 has received little investor attention; however, it contains provisions that are likely to lead to significant returns for investors," suggests Andy Obermueller.

In his Government-Driven Investing, he notes, "The law codifies the federal production targets for biofuel, which we believe presents a real opportunity for Vernenium (VRNM)."

Continue reading Top Picks for 2010: Verenium (VRNM)

Analyst upgrades: WMB, KRC and DVAX

MOST NOTEWORTHY: Williams, Kilroy Realty and Dynavax Tech were today's noteworthy upgrades:
  • RBC upgraded shares of Williams (NYSE: WMB) to Outperform from Sector Perform to reflect their expectation for three years of double-digit production growth in the company's E&P business.
  • Kilroy Realty (NYSE: KRC) was upgraded to Outperform from Neutral as they believe the current valuation does not reflect the company's pure asset value.
  • Oppenheimer upgraded shares of Dynavax Tech (NASDAQ: DVAX) to Outperform from Perform as they expect positive phase III results for Heplisav around mid-2008, driving shares higher.
OTHER UPGRADES:

Symbol Lookup
IndexesChangePrice
DJIA-74.9212,454.83
NASDAQ-1.852,837.53
S&P 500-2.861,317.82

Last updated: May 29, 2012: 03:03 AM

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