Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Rayno Life Science: Tools And Diagnostics Q1 2014 Performance

|Includes:CEPHEID (CPHD), ILMN, NSTG

Caution As Life Science Stocks Are Consolidating

Life science stocks had a wild roller coaster ride in 2014 with many stocks peaking around March 1. Momentum and cult stocks in our portfolio still had a good quarter with the following top winners:

Illumina (ILMN up 25.2%, Vermillion (NASDAQ:VRML) up 25%, Exact Sciences (NASDAQ:EXAS) up 21% and Nanostring (NASDAQ:NSTG) up 19.7%.

Among the top losers, all solid companies, were:

Quidel (NASDAQ:QDEL) down 11.2%, Qiagen (NASDAQ:QGEN) down 11.3%, and Cardiovascular Systems down 7.3%.

However you should check gains in 2013 as many of these stocks had outstanding performance.

Stocks which are stuck in the doldrums during this 24 mo. uber-bull market are: Genomic Health (NASDAQ:GHDX), Hologic (NASDAQ:HOLX) and Neogen (NASDAQ:NEOG) which all can considered "value" stocks.

We will review the portfolio after Q1 earnings as they are reported over the next 60 days. See other posts on 2013 financials for Rayno Dx and Tools.

Rayno Diagnostics and Tools Portfolio

2010-2014   Original Price Price % Price % RET P 2013 %RET Price % RET  
DX and Tools Recomm Init. Dec'10 Ret 1/2/13 2013 12-Nov YTD 3/31/14 YTD  
                         
Abaxis ABAX 2/2/09 15 26.85 79 37.8 36.7 35.45 -4.45 38.88 -2.5  
CardioV.Sys. CSII 11/5/10 7.15 11.66 63 13 29.7 29.5 135 31.79 -7.3  
Cepheid CPHD 10/23/12 31.4 new   35.5 13 41.97 24 51.58 8.4  
Exact Sci EXAS 12/10/10 5.6 5.98 6.8 11 36 11.52 8.78 14.17 21.3  
GenomicH GHDX 2/26/13 28.5     27.24 6.3 34.45 26.5 26.34 10.3  
GenProbe GPRO 2/2/09 45 58.35 30 acq            
Hologic HOLX* 4/9/13 21.6     20 new 20.51 2.5 21.5 -3.8  
Illumina ILMN 2/2/09 29 63.34 118 55.4 81.8 96.52 73.6 148.66 25.2  
Alere ALR 2/2/09 25 36.6 46 19 -17.7 33.57 81.5 34.35 -3.9  
NeoGen NEOG 7/2/10 26 41.03 58 45.6 48.8 46.78 3.22 44.95 -1.5  
NanoString NSTG 11/21/13 12         11.3 new 20.65 19.7  
Qiagen QGEN 3/15/10 21.5 19.55 -9 18.8 36 22.95 26.5 21.09 -11.3  
Quidel QDEL 6/16/10 12.4 14.45 16 19.9 31.3 24.55 31.5 27.3 -11.6  
ResponseG RGDX 2/3/12 1.5     1.4 -12.9 1.25 -10 1.19 3  
Sequenom SQNM 11/18/09 3.75 8.03 114 4.93 10.8 2.29 -51.4 2.45 3.4  
ThermoFish TMO** 7/25/12 53.5 new   65 44.5 97.69 53 120.24 8  
Vermillion VRML 5/15/13 2.53     1.37 73 2.54 92 2.95 25  
                         
*HOLX acq GPRO                      
**TMO acq LIFE                      
                         
                         
                         
Click to enlarge

Disclosure: I am long HOLX, RGDX.

Stocks: CPHD, ILMN, NSTG