Carrying a Zacks Rank #3 (Hold) at present, the laboratory service provider is concentrating more on areas that represent major growth opportunities and are expected to grow significantly faster than other therapeutic areas. It maintains a solid pipeline of potential acquisitions that fit its financial strategy and will enhance its organic growth. Additionally, the success of the LaunchPad initiative and a solid financial footing are highly encouraging for the company. Based in Burlington, NC, Labcorp offer ...

Key Takeaways Labcorp targets growth through specialty testing in oncology, neurology and women's health. LH expanded with key acquisitions and partnerships to boost its national and clinical presence. Labcorp's solid balance sheet supports dividends and buybacks despite rising competitive pressure.Labcorp Holdings Inc. (LH) , or Labcorp’s strong focus on key areas such as oncology, women’s health, autoimmune disease and neurology is poised to help it grow in the upcoming quarters. The company maintains a ...