Over the next couple of weeks John and David will be reviewing their real-money 10-Bagger Portfolio. In this video, they take a closer look at Solazyme.
It was an up-and-down quarter for Solazyme, with a little more up than down from a business standpoint. Unfortunately, some development revenue from the Department of Defense is going to dry up. However, the company continues to receive development revenue from companies like Dow Chemical, Chevron, and Unilever. Solazyme also continues to make progress in its health/beauty and nutritional segments. Its partnerships with Roquette and Bunge are progressing, and investments are being made in future manufacturing capacity. The company is also working to develop different kinds of oils for different purposes and different markets. But these are mostly options at this point. John and David have taken a very small position based on the progress Solazyme continues to make. This stock is not for every portfolio, as it is rather speculative.
There are many different ways to play the energy sector, and our analysts have uncovered an under-the-radar company that's dominating its industry. This company is a leading provider of equipment and components used in drilling and production operations, and poised to profit in a big way from it. To get the name and detailed analysis of this company that will prosper for years to come, check out our special free report: "The Only Energy Stock You'll Ever Need." Don't miss out on this limited-time offer and your opportunity to discover this company before the market does. Click here to access your report -- it's totally free.
