Best Shipping Companies To Buy Right Now

Best Shipping Companies To Buy Right Now: Bio-Reference Laboratories Inc.(BRLI)

Bio-Reference Laboratories, Inc. provides clinical laboratory testing services for the detection, diagnosis, evaluation, monitoring, and treatment of diseases primarily in the greater New York metropolitan area. It offers various chemical diagnostic tests, including blood and urine analysis, blood chemistry, hematology services, serology, radio-immuno analysis, toxicology, pap smears, tissue pathology, and other tissue analysis. The company also operates a clinical knowledge management service unit, which uses customer data from laboratory results, pharmaceutical data, claims data, and other data sources to provide administrative and clinical decision support systems. In addition, it operates a Web-based connectivity portal solution for laboratories and physicians to provide laboratory ordering and results to physician customers. The company provides its services directly to physicians, geneticists, hospitals, clinics, and correctional and other health facilities. Bio-Refe rence Laboratories, Inc. was founded in 1981 and is headquartered in Elmwood Park, New Jersey.

Advisors' Opinion:

• [By Geoff Gannon]

  But if you can definitely hold a company through a tough market that lasts a few years then you can look for a wonderful business to buy and hold at any time. In any market. I found some lovely businesses around the time of the 2000 market peak. They just werent big caps, dot coms, etc. They were smaller more mundane businesses. In at least one case Bio-Reference Labs (BRLI) I made some money (it seemed like a scary big amount at the time) holding the stock for about 2 years but I wouldve made a whole lot more if I had just held that one stock through till today. And even now BRLI seems a fine stock to keep holding. So, you see I couldve saved myself a lot of trouble by holding something for more than 10 years. And it wouldnt have hurt my performance at all. In fact, BRLI has! beaten the market by a lot for a very long time. And, yes, the price I paid for BRLI happens to be the most I ever paid for a stock relative to its record earnings. So, I paid a very high price for a value investor like me for a stock that promptly went on to return around 20% a year for the next 10 years and is now back at almost the exact same P/E ratio where I first bought it.

• [By Geoff Gannon] strong>DreamWorks (DWA)

  Read these reports. Look for something that might have interested me. Why would Geoff look at DNB, Chuck E. Cheese, etc.? What got him interested in the stock? Do I see the same thing?

  Whenever possible, also read the quarterly earnings call transcripts. You can listen to them too. But its easier if you read them and listen to them.

  Just listening is a bad idea.

  Whenever I can get a transcript of anything even Warren Buffetts appearance on CNBC Ill keep a copy of the transcript even when I have a copy of the video (or audio). You can refer back to a transcript easily. You can highlight. You can take notes.

  Taking Notes

  Now, you are doing those things when reading an annual report, right?

  You never just sit down and read an annual report. You always sit down with a pen, a highlighter, a pad of paper, and a calculator. Use the margins of a 10-K or your pad of paper to jot down notes. As k questions. Do calculations.

  If you ever see a 10-K after Ive read it its not very white anymore. Theres lots of stuff written in the margins. Mostly its questions I was asking myself. But its also calculations of numbers the company does not provide.

  Numbers to Know

  So, for example, in a banks 10-K I always write down:

  路 Deposits per share

  路 Deposits per branch

  路 Cost of deposits

  路 Texas Ratio

  You can actually look up the Texas Ratio of any bank here. And some banks calculate and report cost of deposits the way I like to think about it. But, its not common for banks t! o report ! deposits per branch although small banks will sometimes mention (perhaps in the shareholder letter) what their biggest branch has in deposits. Others may mention how quickly new branches achieved a deposit milestone.

  Those are the kinds of numbers I write in the margins of a banks 10-K. There will be questi ons like: Why is e

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/best-shipping-companies-to-buy-right-now-2.html