Shockingly Accurate: The Newest Medical Device Sniffing Out Cancer

It turns out that dogs could be an incredible asset to the cancer detection fight. But what can investors do?

Jun 1, 2014 at 12:45PM

Bloomberg reported last week that University of Pennsylvania researchers are investigating the apparent incredible success of dogs in detecting ovarian cancer early. One dog named Tsunami had a better than 90% success rate in identifying ovarian cancer from tissue samples, which is an incredible result, and she isn't the only one -- a large study found that some dogs were 98% accurate in identifying prostate cancer from urine samples. Of course, more research and testing need to be done, but these are definitely interesting and exciting findings.

Unfortunately, there's no way to invest in cancer-sniffing canines. However, for investors interested in putting their money into early cancer detection, there are some interesting companies that are working to improve our early detection tools.

Exact Sciences (NASDAQ:EXAS) is developing a test called Cologuard, which is a noninvasive, stool-based colorectal screening tool. Cologuard is not mean to replace colonoscopies, but rather to serve as an adjunct to them. With strong clinical data (a 10,000 person phase 3 trial showed that the test successfully identified colorectal cancer 92% of the time) and peak sales estimates in the $1 billion to $2 billion range, this is a test -- and a stock -- worth watching. And Myriad Genetics (NASDAQ:MYGN) has a variety of hereditary cancer risk assessment tools, including Colaris for colon cancer, Melaris for melanoma, and perhaps most famously its BRACanalysis for breast and ovarian cancer. With last quarter's molecular diagnostic testing revenue up 19% to $176 million, this could be an interesting stock to watch.

In the video below, Motley Fool health care analysts Michael Douglass and David Williamson discuss canines and the interesting opportunities Exact Sciences and Myriad Genetics have in the oncology field.

Will this stock be your next multi-bagger?
Give me five minutes and I'll show how you could own the best stock for 2014. Every year, The Motley Fool's chief investment officer hand-picks 1 stock with outstanding potential. But it's not just any run-of-the-mill company. It's a stock perfectly positioned to cash in on one of the upcoming year's most lucrative trends. Last year his pick skyrocketed 134%. And previous top picks have gained upwards of 908%, 1,252% and 1,303% over the subsequent years! Believe me, you don't want to miss what could be his biggest winner yet! Just click here to download your free copy of "The Motley Fool's Top Stock for 2014" today.

David WilliamsonMichael Douglass, and The Motley Fool have no position in any stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

4 in 5 Americans Are Ignoring Buffett's Warning

Don't be one of them.

Jun 12, 2015 at 5:01PM

Admitting fear is difficult.

So you can imagine how shocked I was to find out Warren Buffett recently told a select number of investors about the cutting-edge technology that's keeping him awake at night.

This past May, The Motley Fool sent 8 of its best stock analysts to Omaha, Nebraska to attend the Berkshire Hathaway annual shareholder meeting. CEO Warren Buffett and Vice Chairman Charlie Munger fielded questions for nearly 6 hours.
The catch was: Attendees weren't allowed to record any of it. No audio. No video. 

Our team of analysts wrote down every single word Buffett and Munger uttered. Over 16,000 words. But only two words stood out to me as I read the detailed transcript of the event: "Real threat."

That's how Buffett responded when asked about this emerging market that is already expected to be worth more than $2 trillion in the U.S. alone. Google has already put some of its best engineers behind the technology powering this trend. 

The amazing thing is, while Buffett may be nervous, the rest of us can invest in this new industry BEFORE the old money realizes what hit them.

KPMG advises we're "on the cusp of revolutionary change" coming much "sooner than you think."

Even one legendary MIT professor had to recant his position that the technology was "beyond the capability of computer science." (He recently confessed to The Wall Street Journal that he's now a believer and amazed "how quickly this technology caught on.")

Yet according to one J.D. Power and Associates survey, only 1 in 5 Americans are even interested in this technology, much less ready to invest in it. Needless to say, you haven't missed your window of opportunity. 

Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that technology before everyone was talking about it, but I just sat on my hands." 

Don't let that happen again. This time, it should be your family telling you, "I can't believe you knew about and invested in that technology so early on."

That's why I hope you take just a few minutes to access the exclusive research our team of analysts has put together on this industry and the one stock positioned to capitalize on this major shift.

Click here to learn about this incredible technology before Buffett stops being scared and starts buying!

David Hanson owns shares of Berkshire Hathaway and American Express. The Motley Fool recommends and owns shares of Berkshire Hathaway, Google, and Coca-Cola.We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

©1995-2014 The Motley Fool. All rights reserved. | Privacy/Legal Information