Should You Continue to Retain LH Stock in Your Portfolio?

Labcorp Holdings Inc. (LH) is making strides in expanding testing solutions in strategic growth areas. The company is improving its margin performance through the benefits of the LaunchPad initiative, which is nearing its targeted savings goal. Its strategic partnerships with health systems and regional labs are also poised to boost growth in the upcoming quarters. Meanwhile, uncertain macroeconomic conditions and a debt-laden balance sheet raise worry for Labcorp's operations. In the past year, this Zacks ...