I was particularly zooming my target to Pharmaceutical companies for the following reasons:
(1) Pharmaceutical companies tend to have high barriers to entry business, especially in United States due high research and manufacturing startup costs, time to build and maintain functioning capital requirements, brand recognition, and long process of legal requirements with a few cycles of approvals by relevant authorities.
(2) Market size of pharmacy industry is very wide and growing.
(3) High gross and net profit margins.
(4) High operation cash generator.
(5) Is not a seasonal market.
I selected ANI Pharmaceuticals Inc as my 1st Growth Stock from Nasdaq.
ANI Pharmaceuticals, Inc., incorporated on April 11, 2001, is an integrated specialty pharmaceutical company. The Company is engaged in developing, manufacturing and marketing branded and generic prescription pharmaceuticals. The Company focuses on areas, including controlled substances, anti-cancer (oncolytics), hormones and steroids, and complex
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