iamamartin (97.20)

Sigma-Aldrich - The Chemistry Departments best friend.

December 03, 2008 – Comments (1) | RELATED TICKERS: SIAL

In a former life, I did a bit of Chemistry. This morning slurping my favourite hot-solvent extracted filtrate (that's coffee people) I saw the symbol SIAL and Sigma Aldrich zip across the CNBC ticker. That's a blast from the past I've seen before and kept meaning to investigate. SIAL trades at a PE of 15 and a yield of 1.4%. It's tied to life sciences and research chemistry. It's chemical catalog is practically an academic reference, any chemist knows if you can't buy it in the Sigma Aldrich catalog, your going to have to hit the cookbooks to figure out how to make it yourself.

 I've giving this stock the green thumb today in a difficulty market because my previous life tells me this company is going to be a slow steady earner whose earnings are going to be fairly solid.

Sure there can be up's and downs and a new depression might come, but until the last lab closes, I suspect SIAL will still be there come what may.