Sujan Lahiri

Bioanalytical Systems: A Hidden Gem Among Profitable Biotech Companies

Editors' Note: This article covers a stock trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.

It's hard to find undervalued micro-caps in this fully valued market, but it's even harder to find profitable ones. But we managed to discover a profitable and undervalued micro-cap operating in the biotech industry: Bioanalytical Systems (NASDAQ:BASI). No one on Seeking Alpha has previously covered the stock, and an online search hardly provided us any information as well. Our experience is that such an under-the-radar profile often creates an interesting trade opportunity as we, after hours of research, found out is the case here. We...

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