- 10X Genomics is a cutting edge, single-cell assay hardware, software and consumables company. Don't feel bad, I don't understand all of that either.
- The company's systems are widely adopted, and shared use in labs is leading to further market penetration and growth.
- While hardware and software sales are good, consumable lab supplies required for tests are the appealing "tail" and reason for optimism.
- The share price has tripled since a mid-2019 IPO but fell significantly Wednesday. It is highly valued, but for an aggressive growth investor, 10X Genomics deserves a look.
For further details see:
10X Genomics: Richly Priced, But Likely Worth It