Lake Street likes EnteroMedics in 2014

• "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.