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Qiagen responded to the preliminary injunction on selling its GeneReader NGS by revamping the sequencing chemistry used by the system. As a result, the system is being relaunched in the U.S. in the first quarter of 2017 and in the rest of the world in the second quarter. Qiagen also is restructuring to increase profit margins. In addition, the company is returning $250 million to shareholders by the end of 2017 through asynthetic share repurchase, which combinesa direct capital repayment with a reverse stock split. The company is targeting adjusted earnings-per-share growth of 12% or more through 2020. It's planning to accomplish this goal in part by increasing sales of QuantiFERON-TB and by capturing at least 20% of the oncology benchtop sequencing market share for GeneReader NGS. Better buy I suspect that Qiagen might be able to deliver on its goals, which would likely push the stock higher. However, my vote between these two stocks goes to Opko. The 20% drop in Opko's value following the disappointing clinical results for hGH-CTP provides a good opportunity for a rebound. While there's definitely a risk that more bad news for the human growth hormone could weigh the stock down, I think the company has enough irons in the fire that something will serve as a positive catalyst this year to send shares higher.
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