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Here's Why You Shouldn't Buy the Dip With Illumina Stock

Here's Why You Shouldn't Buy the Dip With Illumina Stock

For example, over the last five years, Illumina's (NASDAQ: ILMN) stock is down nearly 5%. For those who aren't familiar, Illumina is the undisputed king of the gene sequencer hardware market, to where many accept it as a quasi-monopoly. When healthcare systems or research laboratories need to analyze genetic material, the company's devices are the industry's standard, and it has a product in every segment of the market.