What Do You think About DGX?

S

SeekingZinni

I hold this one. This has outperformed the market recently so I wish I had owned more. This is my only play in the healthcare industry but I like it. Fundamentals are reasonable but it is a company that has done extra well because of COVID. I dont expect any sort of huge growth here but this isn't needed to be a good pick in this market.

What do you think?
 
It has been dead for a few weeks already.

it is not going anywhere.

It doesn't want to go up.
It doesn't want to go down.

At this moment,
it doesn't mean that if you hold it for a say half a century,
you can earn $$$ from it.


There are other stocks that are better for
taking LONG and SHORT positions.

You should get a better stock screener
so as to get a win rate of say 50 to 60%



________________
 
Last edited:
DGX is going sideways and bias is still down. I would not hold it for a long term basis. If you have profits, better to take it and go to cash. Chances are good, you can buy it much cheaper later on. So, why hold it?
 
SeekingZinni said:
I dont expect any sort of huge growth here but this isn't needed to be a good pick in this market.

What do you think?
More...
Analysts estimate it going to 148.
Has high debt in a rising interest rate environment.
Insider selling.
If you wouldn't buy it today, why would you hold it.
 
SeekingZinni said:
I hold this one. This has outperformed the market recently so I wish I had owned more. This is my only play in the healthcare industry but I like it. Fundamentals are reasonable but it is a company that has done extra well because of COVID. I dont expect any sort of huge growth here but this isn't needed to be a good pick in this market.

What do you think?
More...
%%
LONG term uptrend\but sorry it cant close much above 200dma\ but that'$ a bear market.
Me i have enough longs [TQQQ buy today] but inverse ETFs are doing so much better this week/ this month.....................................................................................................
PS; i dont plan on buying more TQQQ this week, nor would i suggest any buy longs today. High debt[62%] , MAR 2020 low is $73/but good dividend:caution:
 
You must log in or register to reply here.
Back
Top