World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire"

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

Bio-Rad Laboratories Inc
NYSE:BIO
$241.02
Open 233.09 Prev Close 232.55
High 243.75 Low 233.09
Volume 258,274 Volume (Avg) 388
52 Week High 387.99 52 Week Low 215.38
Market Cap 6.6B PE Ratio

General

NameBio-Rad Laboratories Inc
TickerBIO
ExchangeNYSE
SectorHealthcare
IndustryMedical Devices
CurrencyUSD
CountryUSA
Fiscal Year EndDecember
Full Time Employees7,700

About Bio-Rad Laboratories Inc

Bio-Rad Laboratories, Inc. manufactures and distributes life science research and clinical diagnostic products in the United States, Europe, Asia, Canada, and Latin America. It operates through two segments, Life Science and Clinical Diagnostics. The company develops, manufactures, and markets instruments, systems, reagents, and consumables to separate, purify, characterize, and quantitate biological materials, such as cells, proteins, and nucleic acids used in biopharmaceutical manufacturing, quality control process, food safety, and science education applications. It also designs, manufactures, markets, and supports test systems, informatics systems, test kits, and specialized quality controls for hospitals, diagnostic reference, and transfusion and physician office laboratories. The company offers its products through its direct sales force, as well as through distributors, agents, brokers, and resellers. Bio-Rad Laboratories, Inc. was founded in 1952 and is headquartered in Hercules, California.

Highlights

Analyst Target317.83
Market Cap6,570,300,000
PEG Ratio1.19
EBITDA426,800,000

Valuation

Forward PE26.39
Price/Sales (Trailing 12 Mt.)2.65
Price/Book (Most Recent Quarter)1.03

Technicals

Beta0.98
52 Week High387.99
52 Week Low215.38
50 Day Average-2.06%
200 Day Average-22.54%

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