Gregory Vousvounis
Value, growth at reasonable price, long-term horizon, long only

Nordion: A Healthcare Gem With An Excellent Risk-Reward Profile

Nordion (NYSE:NDZ) is a health science company that provides medical isotopes and sterilization technologies. Due to fears about the future of the company's medical isotope division, the company is priced as low as just the value of its sterilization unit, providing investors with an excellent opportunity to buy the company's shares at a 25% discount and without any significant downside risk.

Business Overview & Operating Segments

Nordion used to be comprised of three distinct business divisions but sold the Targeted Therapy segment, and as of July 13, 2013, the company has only the two following segments:

  • Sterilization Technologies and
  • Medical Isotopes

The Sterilization Technologies segment is focused on producing, installing and servicing Cobalt-60 (Co-60) radiation sources that are...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details