Better Gene Sequencing Stock: Illumina vs. Bionano Genomics
Illumina (NASDAQ: ILMN) and Bionano Genomics (NASDAQ: BNGO) might both make gene sequencing devices, but as investments the two couldn't be more different. Whereas Bionano is a new entrant to the market and still has a lot to prove to its investors as well as the scientific community, Illumina is the top dog that's fighting to maintain its position.
So which is the better choice for investors who want exposure to one of the biopharma sector's most important segments? Let's dive in and take a look at each business.
Image source: Getty Images.
Source Fool.com
Illumina Inc. Stock
€118.92
-1.460%
The stock is one of the favorites of our community with 32 Buy predictions and 4 Sell predictions.
As a result the target price of 160 € shows a positive potential of 34.54% compared to the current price of 118.92 € for Illumina Inc..
