- "First, the current macro favors companies whose products address unmet treatment needs while making healthcare delivery more efficient and effective," Lake Street's Bruce Jackson says, in a note touting EnteroMedics (ETRM) as one of the firm's favorite ideas for the new year.
- Jackson thinks small cap growth stocks are likely to benefit from the acquisitive nature of large companies "with strong balance sheets."
- Lake Street is also positive on VBLOC.
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