IDEXX Laboratories: An Investment in the Future of Pet Health
As a consequence of strong operational performance, management felt compelled to raise the annual forecast for revenue and EPS, sending a clear signal of confidence in the company's future business development.
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The stock of IDEXX Laboratories (NASDAQ: IDXX) , a global leader in veterinary diagnostics and software, presents an especially exciting investment opportunity for long-term oriented investors who are focusing on strong megatrends. IDEXX benefits directly from the rising number of pets worldwide and the increasing willingness of their owners to invest substantial amounts in their medical care, a cultural phenomenon referred to as the "humanization of pets," creating a structural growth market that is largely independent of economic cycles. The business...
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