Long Term prospects are excellent and here are some reasons
During the past fiscal year, QUEST DIAGNOSTICS INC increased its bottom line by earning $3.85 versus $2.96 in the prior year. This year, the market expects an improvement in earnings ($3.90 versus $3.85).
The net income increased by 148.4% when compared to the same quarter one year prior, rising from $163.08 million to $405.14 million.
These are quotes from the StreetRatings Team. I've posted them here for those of you who have not read their comments. This company is going to grow as long as people get sick and die. It may not be pretty but if you or anyone in your family gets sick, you will be looking for tests to aid your doctor in treating your or their illness. That's where this company makes their money.Growth is inevitable; patience is necessary.