Caution As Life Science Stocks Are Consolidating
Life science stocks had a wild roller coaster ride in 2014 with many stocks peaking around March 1. Momentum and cult stocks in our portfolio still had a good quarter with the following top winners:
Illumina (ILMN) up 25.2%, Vermillion (VRML) up 25%, Exact Sciences (EXAS) up 21% and Nanostring (NSTG) up 19.7%.
Among the top losers, all solid companies, were:
Quidel (QDEL) down 11.2%, Qiagen (QGEN) down 11.3%, and Cardiovascular Systems down 7.3%.
However you should check gains in 2013 as many of these stocks had outstanding performance.
Stocks which are stuck in the doldrums during this 24 mo. uber-bull market are: Genomic Health (GHDX), Hologic (HOLX) and Neogen (NEOG) which all can considered “value” stocks.
We will review the portfolio after Q1 earnings as they are reported over the next 60 days. See other posts on 2013 financials for Rayno Dx and Tools.
Rayno Diagnostics and Tools Portfolio
| 2010-2014 | Original | Price | Price | % | Price | % RET | P 2013 | %RET | Price | % RET | ||
| DX and Tools | Recomm | Init. | Dec’10 | Ret | 1/2/13 | 2013 | 12-Nov | YTD | 3/31/14 | YTD | ||
| Abaxis | ABAX | 2/2/09 | 15 | 26.85 | 79 | 37.8 | 36.7 | 35.45 | -4.45 | 38.88 | -2.5 | |
| CardioV.Sys. | CSII | 11/5/10 | 7.15 | 11.66 | 63 | 13 | 29.7 | 29.5 | 135 | 31.79 | -7.3 | |
| Cepheid | CPHD | 10/23/12 | 31.4 | new | 35.5 | 13 | 41.97 | 24 | 51.58 | 8.4 | ||
| Exact Sci | EXAS | 12/10/10 | 5.6 | 5.98 | 6.8 | 11 | 36 | 11.52 | 8.78 | 14.17 | 21.3 | |
| GenomicH | GHDX | 2/26/13 | 28.5 | 27.24 | 6.3 | 34.45 | 26.5 | 26.34 | 10.3 | |||
| GenProbe | GPRO | 2/2/09 | 45 | 58.35 | 30 | acq | ||||||
| Hologic | HOLX* | 4/9/13 | 21.6 | 20 | new | 20.51 | 2.5 | 21.5 | -3.8 | |||
| Illumina | ILMN | 2/2/09 | 29 | 63.34 | 118 | 55.4 | 81.8 | 96.52 | 73.6 | 148.66 | 25.2 | |
| Alere | ALR | 2/2/09 | 25 | 36.6 | 46 | 19 | -17.7 | 33.57 | 81.5 | 34.35 | -3.9 | |
| NeoGen | NEOG | 7/2/10 | 26 | 41.03 | 58 | 45.6 | 48.8 | 46.78 | 3.22 | 44.95 | -1.5 | |
| NanoString | NSTG | 11/21/13 | 12 | 11.3 | new | 20.65 | 19.7 | |||||
| Qiagen | QGEN | 3/15/10 | 21.5 | 19.55 | -9 | 18.8 | 36 | 22.95 | 26.5 | 21.09 | -11.3 | |
| Quidel | QDEL | 6/16/10 | 12.4 | 14.45 | 16 | 19.9 | 31.3 | 24.55 | 31.5 | 27.3 | -11.6 | |
| ResponseG | RGDX | 2/3/12 | 1.5 | 1.4 | -12.9 | 1.25 | -10 | 1.19 | 3 | |||
| Sequenom | SQNM | 11/18/09 | 3.75 | 8.03 | 114 | 4.93 | 10.8 | 2.29 | -51.4 | 2.45 | 3.4 | |
| ThermoFish | TMO** | 7/25/12 | 53.5 | new | 65 | 44.5 | 97.69 | 53 | 120.24 | 8 | ||
| Vermillion | VRML | 5/15/13 | 2.53 | 1.37 | 73 | 2.54 | 92 | 2.95 | 25 | |||
| *HOLX acq GPRO | ||||||||||||
| **TMO acq LIFE | ||||||||||||