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

We came across a bullish thesis on IDEXX Laboratories, Inc. (IDXX) on Substack by Hidden Market Gems. In this article, we will summarize the bulls’ thesis on IDXX. IDEXX Laboratories, Inc. (IDXX)'s share was trading at $426.69 as of March 11^th. IDXX’s trailing and forward P/E were 39.98 and 36.36 respectively according to Yahoo Finance.

[caption id="attachment_1235640" align="aligncenter" width="768"] A veterinarian examining a pet in a well-equipped animal clinic.[/caption]

IDEXX Laboratories, founded in 1983 and headquartered in Westbrook, Maine, is a global leader in...