Compellent Technologies, Inc. (CML) is at a multi-year high and fresh of an impressive earnings report. Analysts continue to revise estimates to keep up with the company's growth.

Company Description

Compellent offers enterprise-class storage services. The company provides scalable solutions that are easy and cost effective, yet remain feature-rich.

Revenues Spike

In an Oct 28 report, the company announced third-quarter results that included revenue of $32.2 million. This was up 31% year-over-year and 12% on a sequential basis.

Earnings per share came in at 7 cents, much higher than the 1 penny analysts were expecting. This was the seventh consecutive earnings surprise.

Increasing Demand

Phil Soran, president and CEO, said, "This quarter we experienced strength across all geographies and a growing awareness of the Compellent solution. As the demand for efficient storage technologies continue, regardless of whether companies are virtualizing IT, building private clouds or buying cloud services, we continue

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My Picks for Wednesday September 23, 2009, are:

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FIG, Fortress Investment Group LLC

FIG is a leading global alternative asset manager with approximately $31.0 billion in assets under management (fee paying) as of June 30, 2009. FIG is headquartered in New York and has affiliates with offices in Charlotte, Chicago, Dallas, Frankfurt, London, Los Angeles, Munich, New Canaan, Rome, San Francisco, Shanghai, Sydney and Tokyo.

**FIG’s Board of Directors elected not to pay a dividend in the third quarter of 2009, to retain capital for potential future investment opportunities and for working

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Today it was announced that ECOtality, Inc.’s subsidiary, Electric Transportation Engineering Corporation (eTec), a leader in clean electric transportation and storage technologies, received a grant totaling approximately $99.8 million from the U.S. Department of Energy to commence the largest deployment of electric vehicles (EVs) and charging infrastructure in U.S. history.

eTec has partnered with Nissan North America to undertake the massive project. According to the press release, the companies will install electric vehicle charging infrastructure and deploy up to 1,000 Nissan battery electric vehicles in strategic markets in five states: Arizona, California, Oregon, Tennessee, and Washington. It has not been said if success will lead to further opportunity, but the project will certainly put the spotlight on the company and may lead to other contracts.

“By studying lessons learned from electric vehicle operations and the infrastructure supporting these first 5,000 vehicles, the Project enables the streamlined deployment of the next 5,000,000 electric

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ECOtality Inc. moves through innovation, acquisitions and strategic partnerships to maintain its position as a leader in clean electric transportation and storage technologies. The company has focused on the electric vehicle (EV) market since the 1990s, which is expected to grow to nearly $2 billion in the next six years.

The company today announced it has signed a letter of intent to enter into a joint venture with Shenzhen Goch Investment Ltd., a China-based investment holding company focused on high-tech, financial services and commercial property development. The joint venture is in line with ECOtality’s business plan and will provide $15 million for manufacturing and distribution operations for electric vehicle (EV) charging systems in China, $2.5 million of which ECOtality received today.

Jonathan Read, president and CEO of ECOtality, said the relationship with Shenzhen Goch will strengthen ECOtality’s domestic and international presence.

“Shenzhen Goch Investment is a strong strategic partner that provides the

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Energtek, Inc., a world leader in the development of ANG (Adsorbed Natural Gas) and other natural gas transportation and storage technologies, may have the key to tapping into an energy resource as big as all the oil reserves of Saudi Arabia. This energy source has already been discovered, just in time to serve the needs of newly industrialized nations in and around Asia.

The energy source is called stranded natural gas (SNG), and it represents at least 40% of the world’s natural gas reserves, an estimated 3,000 trillion cubic feet, enough to cover world demands for a long time to come. SNG is natural gas that has already been discovered, but is uneconomical to extract and deliver. This situation typically occurs when the size of the reserve doesn’t justify the costs of transporting to where it is needed. The imposing costs, land use, and legal issues

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We had a chance to ask Randall Swisher, Executive Director of the American Wind Energy Association some questions about what he is seeing in wind energy trends and his overall outlook.nbsp;nbsp; Aspire: What surprised you about the renewable energy/clean tech markets in 2008? Were there any significant developments (political, technological, consumer-driven and/or industry-driven) that occurred which you werenrsquo;t anticipating?nbsp;nbsp; Swisher: Wind has been growing at such an explosive pace these last several years that I donrsquo;t think 2008rsquo;s record numbers are a big surprise, but they are notable.nbsp; This year, we expect about 7,500 megawatts of new wind capacity to be built in the U.S. which will make 2008 another year of 45% growth for the wind industry.nbsp;As this growth has occurred, wersquo;ve seen an increasing need to expand the supply chain for wind, including domestic manufacturing capacity.nbsp; This year, AWEA made a conscious effort to encourage new growth in this segment ...

ECOtality, Inc., a leader in clean electric transportation and storage technologies, expressed optimism today about President-elect Obama’s comprehensive energy plan, a set of programs that would invest billions of dollars in support of hybrid and electric vehicle development. The press release applauded the move to confront the country’s dependence on foreign oil, building a clean energy future for America, and pointed to key elements of the plan:

• $150 billion invested over 10 years for the commercialization of plug-in hybrid vehicles, renewable energy, low-emission coal plants, fuel infrastructure upgrades, and a new digital electricity grid • Commitment that half of all cars purchased by the federal government will be hybrids or EV by 2012 • $7,000 tax credit toward the purchase of, or conversion to, advanced technology vehicles • Mandate that 10% of all electricity generated come from renewable resources by 2012

ECOtality president and CEO, Jonathan Read, commented on what all this

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ECOtality, Inc. announced this morning that it will be holding a shareholder update conference call tomorrow at 4:15 PM EDT (1:15 PDT). Jonathan Read, President and CEO of ECOtality, Barry Baer, CFO of ECOtality, Don Karner, President and CEO of eTec, and Darrell Musick, President and CEO of Innergy Power, will be participating in the conference call with the financial community.

During the call, the management team will talk about the company’s Q2 2008 financial results and give an update on general business developments. Those who are interested in listening should dial 1-800-762-8779; or 1-480-629-9041 for international callers. When prompted, ask for the “ECOtality Second Quarter Earnings Conference Call.” Those who are not able to join at the scheduled time can listen in later by dialing 1-800-406-7325 or 1-303-590-3030 for international callers and entering the replay access code 3911235.

ECOtality is a recognized leader in clean electric transportation

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