Bloomberg Businessweek

Bloomberg Markets: Dave Wilson's Chart of the Day for Sept. 5

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Sinopsis

Bloomberg Markets with Carol Massar and Cory Johnson.\u0010\u0010GUEST:\u0010David Wilson\u0010Stocks Editor\u0010Bloomberg News\u0010Discussing his "Stock of the Day" Energy Recovery (ERII). Energy Recovery Inc.'s shares are headed for their biggest one-day gain in about six months after JMP Securities joined the ranks of securities firms to recommend buying the stock. Analyst Joseph Osha put out his first report today on Energy Recovery, a maker of equipment used to turn sea water into fresh water. He's looking for the stock to reach $12, a lower target than the other three firms with buy rating: Evercore ISI, FBR Capital Markets and Jefferies.