Neogen Corporation (NEOG) with a market cap of $3.4 billion is a leader in food and animal safety including diagnostic tests and equipment, along with veterinary tools and related items. Genomics testing for livestock has been a growth driver with more protein producers globally utilizing breeding optimization to enhance yields and detect microorganisms. Even though Neogen has presented strong growth over the past decade, trends have been weaker more recently with mixed results across product lines. The stock is down nearly 20% from its 52-week high while the long-term outlook continues to be