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Illumina, Inc. (ILMN): A Bull Case Theory

We came across a bullish thesis on Illumina, Inc. (ILMN) on Ocean Road Capital’s Substack by Ocean Road Capital. In this article, we will summarize the bulls’ thesis on ILMN. ILMN Technologies, Inc.'s share was trading at $132.27 as of Sept 25th. ILMN’s forward P/E was 29.41 according to Yahoo Finance.

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Illumina is a global leader in DNA sequencing and array-based technologies, serving academic, clinical, and applied markets. Founded in 1998, the company rose to prominence after...