3 Stocks For The Genomics Revolution

Over the next five years, the projection is that genomics is going to explode.

Genomics is the study of our DNA.

The cost of having your genome sequenced has dropped from billions to thousands of dollars – and will probably be as low as $100 in the near future.

This is significant. For one thing, the reduced cost has led to insurance companies starting to pay for patients to have clinical grade DNA tests, in the hopes of catching disease in its earliest stages.

Over the next five years, ARK Invest believes that the number of genomes sequenced will rise from 1.5 million tested in 2018 to 100 million by 2023.

If that is the case, it should be very positive for companies that specialize in genomics.

Here are three companies you may want to look into:

  1. Illumina (NASDAQ: ILMN): Illumina is the most dominant company in the genomics field, because 90% of all genes sequenced in the world are done so by using their machines. They are single-handedly responsible for driving down the cost of sequencing a whole human genome from millions of dollars to under a thousand and on the road to ultimately below $100.
  2. Invitae (NYSE: NVTA): Invitae is a much smaller company. But it has its sights on becoming the “Amazon of genomics” by making it very easy and convenient for people to get comprehensive genetic testing done during their yearly doctor’s visit.
  3. Veracyte (NASDAQ: VCYT): Another up and coming small-cap company in genomics. Veracyte is a genomics diagnostic company. The company is transforming the diagnosis of thyroid cancer, lung cancer and idiopathic pulmonary fibrosis.

Over the next five years, genomes sequenced are projected to grow 85% annually.

I don’t know if that will come to fruition, but if it does…that’s incredible growth!

 

My book, The Stock Market is For Everyone, is a short guide for the beginning, inexperienced investor that is easy to understand and can be put into action immediately.

Click the image of the book at left to be taken to its Amazon page.  (Disclosure: As a participant in the Amazon Services LLC Associates Program, I earn a small commission on each sale generated through these links.)

 

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Invest In Disruptive ETFs!

DISRUPTIVE INNOVATION

If you’ve followed Wealthy Joe Investing, you know that I’m a big believer in disruptive innovation.

I believe we are in the beginning stages of a huge technology boom.

Catherine Wood, the founder of Ark Invest, has identified nine transformative technology platforms:

1. Deep learning

2. Digital wallets

3. Cryptocurrencies

4. Next-generation DNA sequencing

5. Battery cost tipping point

6. Autonomous taxi networks

7. CRISPR for human therapeutics

8. Collaborative robots

9. 3D printing

Trying to identify one stock that may be a winner in any one of these trends would be very difficult.  ARK ETFs (exchange-traded funds) allow you to participate without having to select one winner.  The ETFs are comprised of leaders in each technological area.

Here is a list of ARK’s ETFs, with brief information on the platforms on which they focus.  Click on the link for each fund if you’re interested in reading more detailed information on ARK’s website.

  1. Ark Innovation ETF (ARKK): DNA technologies; energy, automation and manufacturing; shared technology, infrastructure and services; technologies that make financial services more efficient.
  2. Industrial Innovation ETF (ARKQ): Autonomous transportation; robotics and automation; 3D printing; energy storage; space exploration.
  3. Web x.0 ETF (ARKW): Cloud computing & cyber security; e-commerce; big data & artificial intelligence (AI); mobile technology and Internet of Things; social platforms; blockchain & peer-to-peer (P2P).
  4. Genomic Revolution ETF (ARKG): CRISPR; targeted therapeutics; bioinformatics, molecular diagnostics; stem cells; agricultural biology.
  5. Fintech Innovation ETF (ARKF): Transaction innovations; blockchain technology; risk transformation; frictionless funding platforms; customer facing platforms; new intermediaries.
  6. 3D Printing ETF (PRNT): An indexed fund designed to correspond to the performance of the Total 3D-Printing Index.

Disclaimer/Disclosure Statement: Information in this article is not intended to be a recommendation to invest in any stock.  Rather, it is presented for readers’ education and consideration when making their own investment decisions.  The author has no position in any of the funds mentioned.

 

My book, The Stock Market is For Everyone, is a short guide for the beginning, inexperienced investor that is easy to understand and can be put into action immediately.

Click the image of the book at left to be taken to its Amazon page.  (Disclosure: As a participant in the Amazon Services LLC Associates Program, I earn a small commission on each sale generated through these links.)