Wednesday, June 29, 2011

Low Price Anomaly: Cryolife

Here's another stock I liked so much that I bought it because it fits with my low price anomaly theory.  The company is Cryolife, which makes medical devices, is a leader in tissue preservation methods, and has developed other products such as surgical adhesives and foams.  It's low priced and, while in a competitive industry, it is a growth market.  It also has significant intellectual property.  I'm willing to wait until it is in the right place at the right time.

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