This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Illumina Is How You Play Biotech Without Being in Biotech

Illumina is a large-cap company with a market capitalization of $20.6 billion.

Data from Best Stocks Now App

Admittedly on a valuation basis the stock does not look cheap with a trailing P/E of 113 and a forward P/E of 61X earnings. On a valuation basis, the stock receives a grade of C.

Data from Best Stocks Now App

However, Illumina has been a top performer. This stock made a lot of money for my clients last year. The fundamental story is still intact. It has delivered outstanding performance over the last few years, earning it a performance grade of A.

Data from Best Stocks Now App

Overall, the stock has moved up in the rankings to #189 out of more than 3800+ stocks and receives a stock grade of A-. It is a company that offers opportunity for upside in this otherwise trendless market.

Data from Best Stocks Now App

At the time of publication the author was long ILMN.

This article represents the opinion of a contributor and not necessarily that of TheStreet or its editorial staff.

>>Read more: 5 Toxic Big Pharma Stocks You Need to Sell This Summer

2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
ILMN $191.23 0.00%
AAPL $128.95 0.00%
FB $78.99 0.00%
GOOG $537.90 0.00%
TSLA $226.03 0.00%

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs