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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........
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