Monday, July 9, 2007

Laboratory Corp. of America Holding

Laboratory Corp. of America Holding is among the world’s largest Health Care Services sector businesses in the world. Laboratory Corp. of America Holding’s employees generate $452.2M in profits on $3.711B of revenue. Global output in the Health Care Services business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but Laboratory Corp. of America Holding is determined to remain a market leader. Sectoral leadership in the Health Care Services segment takes dedication and consistency, but management seeks out-sized growth.

Laboratory Corp. of America Holding’s ticker symbol LH has recently been trading near $78.79 a share. The Laboratory Corp. of America Holding corporate headquarters in Burlington NC predicts Health Care Services profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $9.266B ensures sufficient liquidity. With a beta of 0.39, the company is less volatile than the market as a whole. When the average equity moves lower, Laboratory Corp. of America Holding moves less aggressively.

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