Louis Navellier Likes Rentech (RTK)

Among Louis Navellier's small cap picks, is Rentech RTK. This stock is a green energy pick and the company is cashing in on its patented Rentech Process and its Rentech-SilvaGas biomass gasification technology. According to Navellier, the shares are trading down around $1.00, which is well off of its highs of $2.50 in 2009. He cited strong buying pressure from investors and improving sales growth in giving RTK a "buy" rating. RTK is a speculative name, with a market cap of only $219.95 million, but could provide considerable upside in the coming months. During today's session, the shares have gained 2.94% to $1.05.
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Posted In: Long IdeasSmall Cap AnalysisTrading IdeasEnergyLouis NavellierOil & Gas Refining & Marketing
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