Advertisement
Canada markets close in 34 minutes

  • S&P/TSX

    21,778.87
    +70.43 (+0.32%)
     

  • S&P 500

    4,963.20
    -47.92 (-0.96%)
     

  • DOW

    37,930.17
    +154.79 (+0.41%)
     

  • CAD/USD

    0.7272
    +0.0008 (+0.11%)
     

  • CRUDE OIL

    83.31
    +0.58 (+0.70%)
     

  • Bitcoin CAD

    88,505.97
    +1,316.02 (+1.51%)
     

  • CMC Crypto 200

    1,380.47
    +67.85 (+5.17%)
     

  • GOLD FUTURES

    2,410.00
    +12.00 (+0.50%)
     

  • RUSSELL 2000

    1,936.64
    -6.32 (-0.33%)
     

  • 10-Yr Bond

    4.6150
    -0.0320 (-0.69%)
     

  • NASDAQ

    15,271.86
    -329.64 (-2.11%)
     

  • VOLATILITY

    19.08
    +1.08 (+6.00%)
     

  • FTSE

    7,895.85
    +18.80 (+0.24%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • CAD/EUR

    0.6825
    +0.0004 (+0.06%)
     
MARKETS LIVE BLOG:

S&P 500 SLIPS BELOW 5,000; NASDAQ SINKS ON NETFLIX DRAG

Fed's Goolsbee says 'It makes sense to wait' before cutting rates

Agilent (A) Launches Two Products in Mass Spectrometry

Zacks Equity Research
·3 min read

Agilent Technologies A recently launched two products — the Agilent 6470B Triple Quadrupole LC/MS (6470 LC/TQ) system and the Agilent RapidFire 400 system — at the ASMS 2020 Reboot, the interactive, online version of the annual conference of the American Society for Mass Spectrometry.

With the latest launch, the company aims at strengthening the mass spectrometry business on a global scale. The Mass Spectrometry systems address the needs of various verticals namely, the pharma, biopharma, food, environmental and life science.

Agilent Technologies, Inc. Price and Consensus

 

Agilent Technologies, Inc. Price and Consensus
Agilent Technologies, Inc. Price and Consensus

Agilent Technologies, Inc. price-consensus-chart | Agilent Technologies, Inc. Quote

ADVERTISEMENT

A Few Words About the Products

The 6470B system helps to boost system uptime through enhancements and thereby improve overall system performance. When used by customers, the new system offers greater data fidelity, reproducibility and sensitivity. In addition, it can be easily be integrated into existing analytical labs. It offers quicker routine maintenance through the addition of VacShield technology.

The second product, RapidFire 400 system will help to provide very quick results and enable greater sample stability through optional sample cooling. The system has barcode reading for sample tracking. Moreover, it is integrated with the Ultivo LC/TQ system that reduces lab space requirements.

Significance of the Launch

Per the company, the two new systems will provide customers increased sample throughput, bring in more stability and speed up the overall process of generating results. Agilent claims that the latest products will help to detect target compounds in a very short span of time, thereby maximizing throughput.

Industry Prospects

Per data from Markets and Markets, the mass spectrometry market is expected to reach $6.3 billion by 2024 at a CAGR of 6.7% between 2019 and 2024.

Key factors driving the market are increasing global R&D investments and technological advancements of life science instrumentation.

Given the market’s growth potential, the products launch has been timed well.

Zacks Rank and Other Stocks to Consider

Agilent currently carries a Zacks Rank #2 (Buy). Other better-ranked stocks in the broader technology sector include Wayfair Inc. W, eBay EBAY and Inphi Corporation IPHI. While Wayfair sports a Zacks Rank #1 (Strong Buy), both eBay and Inphi carry a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

Long-term earnings growth for Wayfair, eBay, and Inphi is currently projected at 23%, 12.4% and 37.7%, respectively.

These Stocks Are Poised to Soar Past the Pandemic

The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.

Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.

See the 5 high-tech stocks now>>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
eBay Inc. (EBAY) : Free Stock Analysis Report
 
Agilent Technologies, Inc. (A) : Free Stock Analysis Report
 
Wayfair Inc. (W) : Free Stock Analysis Report
 
Inphi Corporation (IPHI) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research