In an article posted a few days ago in Barron’s Magazine titled “This Covid Testing Stock Is Cheap. Why It’s Time to Buy”
The writer speaks on how, having it both ways is sometimes really possible. Consider medical-diagnostic company Hologic, a Covid-19-beneficiary but also a business that will benefit as life returns to normal.
To say that Covid-19 has been good for Hologic’s (HOLX) business is an understatement. Providing molecular diagnostic equipment for Covid-19 PCR tests, saw sales in its diagnostics division grow to $1.1 billion during the fiscal first quarter that ended in December 2020, up from $312 million in the same quarter of 2019, while earnings quadrupled.
While its stock has gained 52%, to $80.02, in the past 12 months, three times the S&P 500 index’s 17% rise during the same period, its price/earnings ratio has fallen. That’s a sign that investors expect the boost from Covid-19 testing to fade as the disease ebbs. While Hologic’s success with the coronavirus could lead to growth in its other businesses. For investors, Hologic looks like a bargain waiting to be snapped up.
Hologic is expected to post total sales of $5.8 billion in fiscal 2021, up 53% year over year.
Things may only get better. “We expect to have a very good year in 2021 based on our contributions to Covid testing, as well as the continued recovery of our breast health, surgical, and broader diagnostics franchises that benefit women’s health,” says Steve MacMillan, Hologic’s chairman, president, and CEO.
Here’s another company contributing to the Covid-19 Pandemic with it’s Sterilization System, that’s gaining some attention lately and will continue to grow well beyond the pandemic with it’s line of child safety and security technology.
ATWET Technologies (OTC Pink: ATWT) is a 40+ year old company in the transportation safety / sterilization space that could prove to be very valuable at these levels, and they just announced the launch of a new sterilization system for buses, commercial vehicles and other public transportation.
Have a look at ATWEC Technologies, Inc. (OTC Pink: ATWT). Found in 1979, ATWEC Technologies, Inc. is a child safety and security technology company headquartered in Memphis TN.
With a market cap of only $7 million according to OTC Markets, ATWEC Technologies, Inc. has developed a unique, highly effective suite of safety applications under the name trademark Kiddie Voice for the vast, underserved population looking for and using safety devices related to children and education.
ATWEC Technologies, Inc. (OTC Pink: ATWT) also just announced the acquisition of their manufacturer Assembled Products, Inc., which is a U.S. manufacturer and designer of electronic and mechanical apparatuses founded in 1986 and has worked with major companies, including Halliburton, the U.S. Air Force, FedEx, and AutoZone.
Assembled Products is currently housed in a 33,000-square-foot building in Rogersville, AL, has zero liabilities, and hundreds of thousands in assets. Gross sales in 2019 were approximately $1 million dollars.
Following the acquisition, all aspects of manufacturing and production will now be controlled by the ATWEC board. This deal will result in ATWEC saving approximately 75% of its production costs, which will increase margins by approximately 75% as well. That savings will be reinvested into R&D. ATWEC will also keep all Assembled Products’ full-time employees on staff, including Glen Stevens who has been with Assembled Products for over 34 years.
Children left on day care and school busses, is a recuring and potentially deadly situation that occurs across our country every month. In addition, in a COVID-19 era, viruses on busses provide an even more dangerous environment not only for our children, but those our children come home to. ATWEC Technologies, designs, manufactures and sells products specifically with these issues in mind.
ATWEC Technologies, Inc. (OTC: ATWT)’s product suite includes the KV Child Reminder System, the new KV-X Sterilization System, and the Commercial Backup System.
Its newest addition, the KV-X Sterilization System (KVX) is a new automated, two-stage sterilization system for school buses, daycare vans, and other commercial vehicles that kills germs, viruses, and bacteria in the air and on vehicle surfaces quickly, safely, and effectively. The KVX utilizes a UVC module to disinfect the air inside a vehicle. It does this by isolating the UVC light behind a HEPA (high-efficacy particulate air) filter. The KVX is programmed to operate after a vehicle is shut down and no further movement is detected. If movement is detected, the KVX will stop automatically and can be programmed to re-start.
ATWEC Technologies, Inc. (OTC: ATWT)’s current and ever expanding product line is the KV Child Reminder System available with a choice of RFID technology, or key switch deactivation. This system is designed to encourage the transportation drivers to actively check their vehicles for children and seniors who may not have gotten out of the vehicle. It does this by providing a patented voice prompt when the vehicle is shut off. The driver must then walk to the back of the vehicle to reset the system with a mechanical key (or RFID) within a programmed amount of time or the system will set off an external siren and, if equipped a strobe light. This is accomplished with a sophisticated computer system and proprietary software that includes an anti-copy subroutine to protect against third party thieves.
Children are left on school and daycare busses to deal with extreme heat and severe freezing temperatures monthly in the US.
Here are only a few examples:
In July, a 3-year-old in Texas died after he was left on a day care bus after a field trip, CNN reported. It was nearly 100 degrees outside.
It was only when the boy’s father came to pick him up at 6:30 p.m. that anyone noticed he was missing. He was on the bus for about four hours and died at the hospital.
The temperature inside the bus was 113 degrees.
A second-grader in Bay County, Florida, spent the entire day on the bus after the child was overlooked by the driver.
Like in Delaware, the child was not discovered until the driver came back for his afternoon route and found the student sleeping.
An Illinois mom was nervous about sending her5-year-old daughter off for her first day of school this past September. But she never expected the school to call her at 11 a.m. because the kindergartner hadn’t shown up at school.
After searching the building, administrators went to the bus depot, where they found the girl flushed, but still alive.
It turns out, according to the “Today” show, that the little girl was the only student on the bus that was supposed to get off at the elementary school, which she didn’t recognize because it had just been remodeled.
When the bus driver parked at the depot, she tried to get his attention but he disembarked too quickly.
Later, her mom shared the experience on Twitter.
These issues can be avoided for as little as a few hundred dollars per bus.
Education technology expenditure is expected to reach $341B worldwide by 2025, evidenced by the aggressive acceleration in venture capital invested through 2019, which reached a record $8B. The Company plans to launch an aggressive sales and marketing campaign to capitalize on this increased demand, fueled by concerned parents and administrators.
Have a look at ATWEC Technologies, Inc. (OTC: ATWT). There could be some real value here.
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