Alere: Diagnosing A New Strategy With Upside Of 50% Or More
- The market reaction to the quarterly results were off base presenting an entry opportunity.
- The company has significant upside catalysts including the divesting of the Health Management division and other non-core assets.
- The balance sheet debt has been a hindrance to investors supporting the shares. They have aggressively been delevering over the last year.
- Aggressive activist shareholders provide a margin of safety in the shares motivating management in restructuring the business.