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Growth Play - Neogen Corporation (NEOG)
Old 10-29-2008, 12:57 PM   #1
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Growth Play - Neogen Corporation (NEOG)

They make kits for the food industry to test for allergens and/or contaminants for all the big food companies. Their sales for the most part have been steadily getting stronger.

They don't pay a dividend, but as a growth play I have owned them for over 10 years. They carry NO long-term debt, and are well run. They are pretty recession-proof because of what they provide. The FDA requires a certain amount of testing, so their contracts are long-term to provide test kits to comply with FDA regs.

Take a look, not the worst little company to own in this current quagmire........
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)

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