Investopedia: Bio-Reference Labs Taking Advantage Of Esoteric Opportunities
Bio-Reference Labs (Nasdaq:BRLI)
is an odd diagnostics company. It combines a somewhat sleepy
conventional diagnostics business centered on the Northeast (New York
City, in particular) with a nationwide esoteric testing business. The
company has had a less-than-spectacular record of cash flow generation
and cash conversion, but it has improved significantly in recent times.
While its smaller scale and fierce competition from Quest (NYSE:DGX) and LabCorp (NYSE:LH) are risk factors, growth in the esoteric testing business could make this a name worth following.