In early 2006 I wrote up Arrowhead Research about 25% higher then current prices. This one has been a disappointment, so far. That may be changing and here's why:
One of the hottest sectors in the current market environment is Solar. Just about anything Solar has been red hot lately. So what does Arrowhead have to do with this sector?
It is not unusual for the major players to lead a move, but for the bullishness to eventually ripple into the smaller cap names in the sector that may be flying under the radar but have a lucrative franchise just waiting to be discovered.
Additionally, Arrowhead has an R&D pipeline across a wide spectrum of biotechnology and nanotechnology applications.
At a modest market cap just under $140MM, Arrowhead Research is worth holding if you are still in and worth doing some due diligence if you are not yet a shareholder.