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Biotech stock #6: Illumina (ILMN)

 Jul 12, 2009 08:00 PM UTC
Return Risk
+11.81% LOW
Tracked Blogger
Symbol Sentiment Start Return Closed
ILMN Positive 07/12/09 +33.84% --

Graphic_arrow1 Via BloggingStocks:  

Filed under: Stocks to Buy

biotech stocks illuminaDo you think we're going to see more or less genomics research in coming years? End of discussion.


Illumina (NASDAQ: ILMN) is the leading provider of equipment for genomics researchers and its lead is growing. Buy and hold may be almost dead, but it certainly applies to ILMN. The stock has been trashed along with the market, but it's simply the best at what it does - and getting better.


Your best strategy for life-changing profits?


This is a stock to buy for the long term to use as a base for selling calls. Or, even better, you can write some credit spreads, as the calls have terrific premiums.


Don't miss the complete list of biotech stocks to buy now.


And for more ways to profit, check out:


Biotech stock #6: Illumina (ILMN) originally appeared on BloggingStocks on Sun, 12 Jul 2009 15:00:00 EST. Please see our terms for use of feeds.

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