IDEXX Laboratories, Inc. (IDXX): A Bull Case Theory

We came across a bullish thesis on IDEXX Laboratories, Inc. (IDXX) on Substack by Business Model Mastery. In this article, we will summarize the bulls’ thesis on IDXX. IDEXX Laboratories, Inc. (IDXX)'s share was trading at $417.86 as of Jan 28^th. IDXX’s trailing and forward P/E were 40.33 and 36.90 respectively according to Yahoo Finance.

[caption id="attachment_1198952" align="aligncenter" width="768"] A veterinarian in a veterinary clinic examining a companion animal.[/caption]

IDEXX Laboratories is at the forefront of the animal health industry's transformation, particularly...