BIO (BIO) vs. TMO and DHR: Can Activist Pressure Close Bio-Rad’s Valuation Discount?

Is BIO a good stock to buy? We came across a bullish thesis on Bio-Rad Laboratories, Inc. on One Idea Per Day’s Substack by Paul. The thesis was published on July 21^st, when the stock was trading at $281.11, and BIO has gained 32.48% since then. The rise appears to reflect investor hopes that activist investor Elliott can help Bio-Rad unlock value from its Sartorius stake and improve its business, reinforcing the recovery already seen since April. In this article, we will summarize the...