Stockchase Opinions

Jim Cramer - Mad Money IDEXX Laboratories IDXX-Q WEAK BUY Oct 09, 2023

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.

N/A

Stock price when the opinion was issued

Healthcare
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

BUY
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.
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.
DON'T BUY

They're too inconsistent.