Opinions
Ed Brown
Covance Inc
CVD-N
TOP PICK
May 07, 2004
To a lot of testing and research for larger biotech companies. In a sweet spot.
$35.680
Stock price when the opinion was issued
biotechnology
pharmaceutical
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Largest company in the area of contract research for pharmaceuticals. They do drug trials and research for the large pharmaceutical and biotech companies. Had consistently traded at 25X-30X earnings but are now at 11X earnings. Great growth prospects ahead. Think they can grow at 15%-20% a year starting in 2010.
biotechnology
pharmaceutical