Labcorp Holdings Inc
LH: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| gk< | LOCK|B?cD | LOCK|l<nJPn# |
Labcorp Rides Wave of Strong Medical Utilization, but PAMA and Pressure on Insureds Loom
Business Strategy and Outlook
As a leading independent diagnostic laboratory, Labcorp participates in a highly attractive duopoly that offers favorable prospects as healthcare moves toward reformed payment models and enjoys a reprieve from scheduled cuts to Medicare reimbursement under the Protecting Access to Medicare Act, and as potentially positive M&A opportunities remain plentiful.
