[R E C O M M E N D A T I O N S]

Equity Coverage

Please be advised that recommendations provided below are cursory and may include sections from our comprehensive reports provided to clients. Recommendation offered below are not always up to date and real time advice is available to current clients.

This recommendation last updated on December 16, 2009.

All equity recommendations are based on the ability to effectively hedge every position and enjoy any diversion from the specific recommendation.

American Superconductor CorporationNASDAQ: AMSCHold 
AeroVironment, Inc.NASDAQ: AVAVBuy 
FirstFed Financial Corp.PINK: FFEDQAvoid 
Homebuilders (All) Avoid 
Illumina, Inc.NASDAQ: ILMNBuyBuy
Koninklijke Philips Electronics NVNYSE: PHGBuyBuy
Kraft Foods Inc.NYSE: KFT Buy
NVE CorporationNASDAQ: NVECBuy 
Ross Stores, Inc.Nasdaq: ROSTBuy 
Salesforce.com, Inc.NYSE: CRMHold 
Sun Healthcare Group, Inc.NASDAQ: SUNHBuyBuy
Target CorporationNYSE: TGTHold 
Tetra Tech, Inc.NASDAQ: TTEKBuy 
U.S. BancorpNYSE: USBHold 
Wells Fargo & CompanyNYSE: WFCHoldBuy

Clients: Please refer to equity specific research notes offering detailed insight.


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