IDEXX Laboratories, Inc. (NASDAQ:IDXX)
CAPS Rating:
The Company develops, manufactures and distributes products and provides services for the veterinary and the food and water testing markets.
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The Company develops, manufactures and distributes products and provides services for the veterinary and the food and water testing markets.
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No government reimbursement risk here since IDEXX deals with pet and not human healthcare. High ROE, little debt, lots of FCF. Biggest risk is overpaying, but the business looks very strong.