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

We came across a bullish thesis on IDEXX Laboratories, Inc. on MTC’s Substack. In this article, we will summarize the bulls’ thesis on IDXX. IDEXX Laboratories, Inc.'s share was trading at $643.59 as of February 5th. IDXX’s trailing and forward P/E were 49.20 and 45.25 respectively according to Yahoo Finance.

[caption id="attachment_1027971" align="aligncenter" width="768"] Photo by Karlo Tottoc on Unsplash[/caption]

IDEXX Laboratories, Inc. develops, manufactures, and distributes products for the companion animal veterinary, livestock and poultry, dairy, and water testing...