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Play the bounce with Hologic, Inc. (HOLX)

Eric Cheshier (May 15th, 2008) Writes:
Hologic, Inc (HOLX) has had a rough year so far. Shares are down -38% YTD. It’s the classic case of surging revenue and declining profit – in the short term. With a company growing as rapidly as Hologic is, you have to expect major corrections from time to time. During the past five years, Hologic has bounced back from a 25% drop multiple times and come back swinging like Rocky Balboa. HOLX 1 year chart: Hologic is a company that specializes in the ...

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