Here's Why Investors Should Retain Labcorp (LH) Stock for Now
Labcorp(LH) Zacks Investment Research·2024-05-09 23:46
Laboratory Corporation of America Holdings (LH) , or Labcorp, is well-poised to grow in the coming quarters, led by collaborations with leading pharmaceutical and biotechnology companies. Labcorp also remains active on the acquisition front, maintaining a solid business development pipeline.However, adverse currency fluctuations are a concerning for the company. In the past year, this Zacks Rank #3 (Hold) stock has gained 6.3% compared with a 4.7% rise of the industry and a 27.8% increase of the S&P 500 ...