He would have liked to have held this for the next 15-20 years, but it is being acquired by Thermo Fisher Scientific (TMO-N) in 2017.
(A Top Pick May 20/14. Down 11.27%.) Out of Oregon and makes electron microscopes. If you want an investment in nanotechnology, this is the place to be. Just started dividends 3 years ago, which means the free cash flow is strong. He is still buying.
These shares are for kids and the grand kids because the dividend yield is not great (about .05%), but has been growing at roughly 30% per year. Company manufactures software. Think of 3-D for oil and gas analyzing in laboratories with electron microscopes. All of that can be seen in 3D which allows them to get better depth and better information for better evaluations. They don’t have a lot of competition and have been growing at 20%-30% over the last 10-20 years.
FEI Company is a OTC stock, trading under the symbol FEIC-Q on the (). It is usually referred to as or FEIC-Q
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On , FEI Company (FEIC-Q) stock closed at a price of $.