It’s simply not safe to put all your proverbial eggs on one basket. Ditto for individual companies; the wider the product base, the more stable and reliable that organization’s revenue becomes. General Electric (GE), as an example, operates several distinct divisions, while Procter & Gamble (PG) has a presence in almost every aisle at the grocery store.
Sometimes, though, when a particular idea is an obvious slam-dunk winner, putting all of a company’s resources into that one product or service can yield the best return for shareholders. Here’s a look at four niche healthcare stocks that ended up doling out huge gains for shareholders this year by doing just that.