06-08-2020, 02:46 PM
(06-08-2020, 02:31 PM)divmenow Wrote: I was going to ask everyone what are your thoughts are on DGX? Thinking of taking a position. Maybe I should now before that one goes up 12%
DGX doesn't look all that attractive to me. Even given it a mulligan on 2020, it's currently priced at 16X 2021 earnings, which is a premium to the ~15 it typically trades at.
Unless you expect its growth to outpace the 4-5% long-term growth rate that analysts are currently projecting that is.