Best Stocks To Buy For 2013: CNGRY

[ November 24, 2011 | Author: admin | Views: 84535 | Weather: | Mood: normal]

For a number of reasons, my top stock pick for 2012 is Affymetrix (AFFX). This small company based in Santa Clara, CA, develops, manufactures, sells, and services equipment and consumables used in the life sciences industry to do what is know as “high throughput genetic screening.” Customers range from academic and research facilities to clinical laboratories to other biotech and pharmaceutical companies doing work that requires them to analyze and manage large amounts of genomic and genetic information. Though A”ymetrix was one of the first companies to get into this business back in 1991, the industry has attracted a number of competitors along the way. And, while A”ymetrix was once a leader in the industry, it has unfortunately found itself playing catch up to others in the sector for the past several years now. In response to the increased competition, A”ymetrix has seen its stock tumble from $60 back in … Continue reading