Exit Charles River, Enter Covance.
- Resource Type
- Article
- Authors
- Tian, Michael
- Source
- Morningstar OpportunisticInvestor. Feb2012, p6-9. 4p.
- Subject
- *STOCKS (Finance)
*INDUSTRIAL research
*INVESTMENTS
*INVESTORS
*BUSINESS partnerships
- Language
The author explains the rationale behind his decision to sell shares of Charles River and bought shares of Covance in the contract research organization (CRO) industry. It discusses the distinction of Covance from other CROs. Information on the landmark strategic partnerships forged by Covance is presented. It examines how Charles River will perform versus Covance and the risks inherent in switching investments.