Friday, January 26, 2007

Qiagen Making A Come Back

Qiagen (Ticker: QGEN) kind of snuck up on me. It’s making multi year highs and I can see this stock going to $20 easily. This company is the leader in the plasmid purification market. If you do any molecular biology stuff, you’ll use a Qiagen kit to purify your DNA / RNA sample. The company is starting to steer itself into the molecular diagnostic market; that's where their big growth will come from. This company generates a ton of free cash and should easily grow their earnings 20%+ for the next couple of years. I’ve held this stock since the IPO many many years ago.

0 Comments:

Post a Comment

<< Home