Of course that title should be Viva Las Vegas, however I'm here to briefly talk about Meridian Bioscience (VIVO). This company is in the Healthcare sector specifically the diagnostic substances industry. I have been watching this company work its way in and out of the IBD 100 and was recently ranked towards the bottom at #98. What peaks my interest is the fact that this sector remains positive, while other sectors are taking drubbings. This stock is up over 8% since last Friday on larger than average volume and it looks like it may be beginning to build a base according to the charts. I could envision how someone could possibly play this stock for a short-term pop or longer term investment depending on style and risk-level. The market has been acting crazy lately, so this is NOT a recommendation to buy/sell this stock just something that has sparked my interest, so do please do your own due diligence.
No comments:
Post a Comment