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Is IDEXX Laboratories Stock a Buy?

TheMotleyFool

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Is IDEXX Laboratories Stock a Buy?Photo, wide shot, wide-angle lens, Pharmaceutical company, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/7ae4a134-dd01-4c80-a621-18399f5a2541.png

While they might not represent the most exciting field in the biotech space, animal healthcare companies have been a steady, consistent source of growth in what's often a turbulent market.

One company in this area that's worth a look is IDEXX Laboratories (NASDAQ: IDXX). As one of the top providers of animal healthcare diagnostics and veterinary equipment, the company has witnessed a strong 2019. Shares of IDEXX rose by about 40% in 2019, and many expect that this trend will continue going forward.

Will 2020 also be a good year for IDEXX Laboratories? Here are a few reasons why it might.

Source Fool.com

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