1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Holly LaFon
Holly LaFon
Articles (7457) 

Baron Funds Comments on Illumina Inc.

May 01, 2013 | About:

Illumina, Inc. (NASDAQ:ILMN) is a leading provider of genetic analysis tools, including DNA sequencing instruments and consumables. Its shares increased in December 2012 on press reports that Roche Holdings AG, a large Swiss pharmaceutical and diagnostic company, was in discussions to purchase Illumina. In early January, Illumina's shares fell after Roche's CEO was quoted in the press stating that the companies could not reach an agreement on price, and Roche was abandoning its efforts to acquire Illumina. Our investment in Illumina was not predicated on its being acquired, and we remain confident in the company's long-term prospects in the large, fast-growing market for DNA sequencing and genetic analysis.

From Baron Funds’ first quarter 2013 letter.


Rating: 3.3/5 (4 votes)

Comments

Please leave your comment:


GuruFocus has detected 5 Warning Signs with Illumina Inc $ILMN.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by Holly LaFon


User Generated Screeners


efredbacdogs and cash
GlenroseQuality
GlenroseUniverse good business
DANGORDONRETURN ON EQ 5-22-17
DANGORDONRET ON CAP 5-22-17
kkopacz.bizOur Stocks 201705
ppapachristidisNCAV
samahajoeShiller PB
DANGORDONOPERATING MARGIN 5-22-17
lmappaev to sales
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

FEEDBACK