FinanceDude
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Aug 3, 2006
- Messages
- 12,483
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........
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........
