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Is This a Top Life Sciences Stock to Buy on Sale?


Is This a Top Life Sciences Stock to Buy on Sale?

Brooks Automation (NASDAQ: BRKS) shares are tumbling despite reporting better than expected third-quarter financials. The company gets a lot of its revenue from its life sciences business and that business is expanding rapidly. Is now a good time to add this stock to your portfolio?

Most of the company's revenue still comes from semiconductor capital equipment that helps automate fabs, control contamination, and keep things cool with cryogenic pumps and cryochillers. However an increasingly large share of revenue is coming from its fast-growing life sciences business that provides end-to-end cold storage management of consumables, including samples.

Image source: Getty Images.

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Source: Fool.com

Brooks Automation Inc Stock

€52.50
2.640%
There is an upward development for Brooks Automation Inc compared to yesterday, with an increase of €1.30 (2.640%).

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