Neogen buying at current level and subsequent dips
Neogen - buying at current levels and subsequent dips
past 3 years average sales growth 32% pa
past 3 years average profit growth 57% pa
past 3 years average margins growth 9.62%
Current ROE 29.85%
The stock is up 65% from its low of 2019. If the pullbacks remain shallow 20/25% and the next quarter results are showing a growth of 20/25 %. we may have a winner on our plate.
Time will tell.
past 3 years average sales growth 32% pa
past 3 years average profit growth 57% pa
past 3 years average margins growth 9.62%
Current ROE 29.85%
The stock is up 65% from its low of 2019. If the pullbacks remain shallow 20/25% and the next quarter results are showing a growth of 20/25 %. we may have a winner on our plate.
Time will tell.
Value doesn't move stock prices, people do by placing buy orders. Value is only part of the equation. Ultimately, you need demand - Mark Minervini