Stockchase Opinions

Elliott Fishman IDEXX Laboratories IDXX-Q BUY Nov 19, 2019

These lab stocks are news-driven and could drop on a negative headline. Each time it pulled back, it bounced back higher. The chart looks good here and he would buy.
$264.600

Stock price when the opinion was issued

Healthcare
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DON'T BUY
Jan.6-April 27 is seasonality. Healthcare stocks have made huge gains, but not IDXX. It's rolling over now and resisting its 200-day moving average. He's concerned. It's underperforming.
HOLD
They offer healthcare to animals and pets. Stay with it. He believes in how they serve pets.
WEAK BUY

Makes diagnostic equipment for veterinarians. It has sold off hard, because pet plays are seen as Covid stocks, but has been recovering (reported a beat in early August), but shares have been cold since that report.

DON'T BUY

They're too inconsistent.