The NEXT company in my on-going series of the top 25 stocks for the NEXT 25 years is DexCom, Inc (NASDAQ: DXCM). This San Diego, California-based company has the opportunity to address the millions of people that suffer from diabetes. DexCom manufactures a continuous glucose monitoring system, which is extremely user-friendly and helps improve the diabetics' quality of life.

DexCom's business model is the classic razor-razor blade. DexCom sells a wireless glucose monitoring device, for about $800 per unit. Because of the wireless component, the monitor is completely mobile with the patient and can even be hooked to a belt like a cell phone. The company also sells the "implantable" disposable sensors that the patients slip-in just under the skin. Each sensor is good for up to 72 hours. The sensors come in a five-pack and sell for about $175 a pack.

Patients no longer have to endure the painful finger prick to draw a minor amount of blood to detect their glucose level. Also, with the monitor and sensors, the readings are far more accurate and continuous so the patient can administer the necessary insulin at the precise time versus a bit of a guessing game.