What Do You think About DGX?

Discussion in 'Stocks' started by SeekingZinni, May 10, 2022.

  1. 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?
     
    murray t turtle likes this.
  2. maxinger

    maxinger

    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%



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    Last edited: May 10, 2022
  3. smallfil

    smallfil

    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?
     
  4. deaddog

    deaddog

    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.
     
    murray t turtle likes this.
  5. %%
    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: