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Chembio Diagnostics, Inc. (CEMI) [hlAlert]

Speculative Buy
up 767.49 %

Chembio Diagnostics, Inc. (CEMI) rated Speculative Buy with price target $7 by The Benchmark Company

Posted on: Tuesday,  Sep 10, 2013  8:25 AM ET by The Benchmark Company

The Benchmark Company rated Speculative Buy Chembio Diagnostics, Inc. (NASDAQ: CEMI) on 09/10/2013. Previously The Benchmark Company rated Speculative Buy Chembio Diagnostics, Inc. (NASDAQ:
CEMI) on 04/24/2012., when the stock price was $0.46. Since then, Chembio Diagnostics, Inc. has gained 767.49% as of 11/04/2015's recent price of $4.00.
If you would have followed the previous The Benchmark Company's recommendation on CEMI, you would have gained 767.49% of your investment in 1289 days.

Chembio Diagnostics, Inc. develops, manufactures and markets rapid point-of-care diagnostic tests (POCTs) that detect infectious diseases. The Company?s main products are four rapid tests for the detection of human immunodeficiency virus (HIV) antibodies. Three of these products employ lateral flow technology, can be used with all blood matrices as samples, and are manufactured in a standard cassette format, a dipstick format, and a barrel format. The tests employing the cassette and barrel formats were approved by the United States Food and Drug Administration (FDA) and are distributed by Inverness Medical Innovations, Inc. (Inverness) in the United States. Its fourth rapid HIV test, which is developed on its Dual Path Platform (DPP) technology, detects antibodies to HIV in oral fluid samples, as well as all blood matrices.

The Benchmark Company 's Equity Research team is one of the most experienced on the Street. Our analysts average almost two decades of sell-side research experience and many have substantial experience in the industries they cover as well. Our people give us the ability to deliver insightful and unique research seasoned by the experience of having lived through multiple bull and bear markets, and having covered their companies longer than most of their peers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/4/2015 9:25 AM Buy
5.00 6.00
as of 12/13/2013
1 Week up  1.78 %
1 Month down  -5.78 %
3 Months up  1.78 %
1 YTD down  -27.69 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/10/2013 8:25 AM Buy
3.47 7.00
4/24/2012 8:25 AM Buy
0.46 1.75

(*) Stock Price at the time of the recommendation.
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