LH has a strong future given the way the health care system is moving. does anyone think that health care will curtain laboratory tests in the future? due to the ligitigous nature of health care these days, laboratory tests will only continue to increase.
LH has positioned themselves as a leader in this area. there is tremendous growth here. the overreaction was largely due to many mutual funds being cashed out. so many poor performances has lead to many companies dumping the likes of fidelity, prudential, investco etc.... the overreaction may take time to correct and the best time to get in is when everyone is selling. LH has issues to resolve but take a look at PG. good companies knocked down for temporary reasons makes for a great buying opportunity.