Bionano Genomics (BNGO) Stock Analysis

During a Bloomberg interview, Cathie Wood was asked where do you see the biggest growth catalyst coming from? She replied while TSLA already has a fantastic run-up, it’s potential gains are getting narrower.

Instead, the biggest surprising upside is going to come from genomic companies. ARK believes they are going to make up the next FAANG stocks in the future as these companies start curing diseases and health problems.

It is at this moment, along with many others, when I decided I am in.

As I was diving deep into understanding the companies that ARKG invests in, I chanced upon an extremely undervalued gem. That stock is Bionano Genomics with the ticker symbol BNGO. I loaded up some shares of BNGO just one week before their genomic symposium from Jan 11-15. It is an event where scientists and researchers around the world showcase their discoveries from Bionano’s flagship product, the Saphyr.

Here is what Bionano Genomics is trying to solve.

https://www.theancientbabylonians.com/bionano-genomics-bngo-stock-analysis/