Cramer A Big Fan Of Inverness Medical (IMA)

December 12, 2007 2:51 PM EST
Jim Cramer owns Inverness Medical (Amex: IMA) in his ActionAlertsPlus.com portfolio. In fact, it is one of his largest holdings. ActionAlertsPlus.com is Jim Cramer's charitable trust where people can see what Jim Cramer is trading live.

Cramer said, Inverness Medical has traded poorly since it priced a large secondary offering, but he expects IMA to head back to the mid-$60s in the next 6 months.

Inverness Medical is a global developer, manufacturer and marketer of in vitro diagnostic products for the over-the-counter pregnancy and fertility/ovulation test market and the professional rapid diagnostic test markets.

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