Quest Diagnostics (DGX)

Quest Diagnostics (DGX)

Postby winston » Wed Jun 27, 2018 8:08 pm

not vested

THIS MEDICAL GIANT ENJOYS A WIDE REACH

Today, we're looking at a company leading its industry...

Quest Diagnostics (DGX) is the No. 1 provider of diagnostic medical services in the world. The company serves half of all doctors and hospitals in the U.S., and one-third of all Americans.
Through its wide reach, Quest has built the largest database of clinical lab results in the world. This powerful asset is just one trait that sets it apart... And that means business is good for this World Dominator. Revenues grew 2.6% to $7.7 billion last year.

As you can see below, shares have climbed roughly 90% over the past five years. And they recently hit an all-time high. It's more proof that investing in World Dominators is one of the safest bets you can make in the markets...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
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Re: Quest Diagnostics (DGX)

Postby winston » Tue Jul 21, 2020 9:16 pm

not vested

WHEN THE U.S. NEEDS COVID-19 TESTS... THIS COMPANY DELIVERS

Today, we're checking in on a company that's helping us combat the pandemic...

Coronavirus cases remain on the rise in the U.S., and tests are in high demand. The U.S. has now run nearly 50 million coronavirus tests, up from roughly 800,000 as of May 11. And today's company is playing a huge part in this crucial work...

Quest Diagnostics (DGX) is a $17 billion medical-diagnostics giant. This company was already a "World Dominator," serving 30% of all U.S. patients and half of the country's hospitals and physicians.

But now, the surge in demand for coronavirus test kits has strengthened Quest's business...

In its preliminary second-quarter results, Quest reported revenue of $1.83 billion, well above the Wall Street estimate. And three of its at-home coronavirus test kits just received emergency use authorization from the FDA.

As you can see in today's chart, DGX has soared in recent months. Shares are up more than 70% from their April low, and they just hit a fresh all-time high. High demand for coronavirus testing should only boost shares of this World Dominator...

Source: Daily Wealth
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston
Billionaire Boss
 
Posts: 118528
Joined: Wed May 07, 2008 9:28 am


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