Mettler-Toledo: Who Are Those Guys?

( semi-subtle pop cultural reference )

FARO Technologies (NASDAQ: FARO) is a hot prospect in the  robotics investor space.  Less than a billion in market cap, and already 96% covered by institutions. But this post isn't about FARO, it's about chasing rabbits. As defined by Urban Dictionary, chasing rabbits is "doing something totally irrelevant or being distracted from what you intend to do." In this case, getting off-course from digging deep into the innards of Faro and seeing if it's a worthwhile candidate for a few hard-earned dollars from the 101C mayonnaise jar. Chasing That Rabbit Google Finance has the fascinating/irritating feature of showing same-industry prospects on each one on of its stock screens. For Faro, it looked something like the snapshot … [Read more...]