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Friday, December 25, 2009

Quest Diagnostics: Back Up the Truck

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There's no mystery regarding why Quest Diagnostics (DGX) has a bright future: the United States is on the cusp of historic and civilization-advancing change with Congressional passage of the health care reform bill and its ultimate signature by President Obama, and that means good things diagnostic test services, which is why I'm Reiterating my Buy rating for the company's shares, first recommended on June 25, 2009, at a price of $55.89.

Further, diagnostic tests are at the core of health care services, and even though the number of tests per U.S. citizen will likely decline in the years ahead, when one adds 30-45 million more citizens regularly accessing health care services annually, within 10 years, the probability of increased business is high, to say the least.

Continue reading Quest Diagnostics: Back Up the Truck

Quest Diagnostics: Back Up the Truck originally appeared on BloggingStocks on Thu, 24 Dec 2009 14:15:00 EST. Please see our terms for use of feeds.

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