Labcorp Stock Gains From Market Expansion Efforts Amid Macro Woes

Labcorp Holdings, Inc. (LH) has been benefiting from the solid execution of its strategic priorities. Investments in targeted high-growth areas are expected to continue the momentum. The company faces headwinds from macroeconomic uncertainties and growing foreign exchange issues. The stock carries a Zacks Rank #3 (Hold) currently. Factors Driving LH Stock As part of its expansion efforts, Labcorp is focusing more on key growth areas such as oncology, women's health, autoimmune disease and neurology. The com ...