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What: Shares of Alere
So what: Revenue rose 8.7% to $585.8 million as adjusted profits rose 13.5% to $0.67 a share. Analysts had been expecting $584.6 million and $0.59, respectively, according to data compiled by Yahoo! Finance.
Now what: But what surprised Wall Street was likely business as usual for value investing master Seth Klarman. His Baupost Group counts Alere as a top 10 holding. Do you believe he's still invested at current prices? Would you buy shares of Alere now? Please weigh in using the comments box below.
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Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team. He didn't own shares in any of the companies mentioned at the time of publication. Check out Tim's portfolio holdings and Foolish writings, or connect with him on Google+ or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.
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