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Labcorp Holdings Stock: Is LH Outperforming the Healthcare Sector?
['Mon', 'Sep', 'Min Read']
Yahoo Finance
Valued at a market cap of $23 billion, Labcorp Holdings Inc. (LH) is a leading global provider of comprehensive laboratory services.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Labcorp Holdings fits this criterion perfectly.
www.barchart.comLonger term, LH stock is up 20.3% on a YTD basis, exceeding XLV’s 1.1% decline.
In contrast, rival Quest Diagnostics Incorporated (DGX) has outpaced LH stock on a YTD basis, surging 22.4%.
However, DGX stock has returned 20.7% over the past 52 weeks, lagging behind Labcorp Holdings’ performance during the same period.
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