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 (7642) 

Baron Funds Comments on Illumina Inc.

Guru stock highlight

October 25, 2016 | About:

Shares of Illumina, Inc. (NASDAQ:ILMN), the leading provider of DNA sequencing technology to academic and commercial laboratories, contributed to performance in the third quarter. The company reported financial results that beat Wall Street expectations and reiterated guidance for the year. Unfortunately, after quarter end, Illumina pre-announced weaker-than-expected third quarter results and guided down its fourth quarter, and its stock has retreated. While we acknowledge that Illumina may be in a soft patch until we hit an inflection point in the adoption of genetic sequencing for actual patient care, with oncology being the largest opportunity, we continue to believe Illumina has strong moats around its DNA sequencing platform and a long runway for growth. (Neal Kaufman)

From Baron Opportunity Fund third-quarter 2016 commentary.


Rating: 0.0/5 (0 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


ConnorMBetterLossExUS
ConnorMBetterLoss
PortfolioPlus10 yr Profitability
Taekgyun Kovalue2
PortfolioPlusStrong B/S Screen
ConnorMCommodity
ConnorMLosingExUS
ConnorMLosing
HOLKLSUMini Group IT Healthcare Mater
Luddyshooting stars
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

{{numOfNotice}}
FEEDBACK