Meet the Little-Known S&P 500 Stock That Has Rocketed 10,230% Higher Since 2000
Healthcare diagnostics equipment manufacturer, Idexx Laboratories (NASDAQ: IDXX), is the global leader in pet care.But here's an interesting tidbit: The company's shares have risen 10,230% since 2000, as Idexx quickly grew to corner a 15% market share of the $45 billion pet diagnostics industry.Despite this incredible run, Idexx's current share price is the same as it was in late 2020, despite revenue growing by 50% and free cash flow (FCF) per share rising 87% over the same period.Continue reading
Healthcare diagnostics equipment manufacturer, Idexx Laboratories (NASDAQ: IDXX), is the global leader in pet care.
But here's an interesting tidbit: The company's shares have risen 10,230% since 2000, as Idexx quickly grew to corner a 15% market share of the $45 billion pet diagnostics industry.
Despite this incredible run, Idexx's current share price is the same as it was in late 2020, despite revenue growing by 50% and free cash flow (FCF) per share rising 87% over the same period.
