Quest Diagnostics Incorporated (DGX): A Bull Case Theory

We came across a bullish thesis on Quest Diagnostics Incorporated (DGX) on Substack by Magnus Ofstad. In this article, we will summarize the bulls’ thesis on DGX. Quest Diagnostics Incorporated (DGX)'s share was trading at $163.80 as of April 17^th. DGX’s trailing and forward P/E were 21.30 and 16.86 respectively according to Yahoo Finance.

[caption id="attachment_1238794" align="aligncenter" width="768"] An overhead shot of a medical laboratory with a technician in a face mask working on a diagnostic blood test.[/caption]

Despite signs that the market may have bottomed out,...