$IDXX (+2%) an exciting company that will cover the industrial sector for me.
For me as a growth investor, it is very difficult or hardly possible to invest in various areas, but since I have the plants as the biggest point in this company, there is of course an industry behind it to produce them.
I go there with a nice phrase "you don't have to dance at every wedding"
The company's returns have really been very strong and it is in a growing market, because as prosperity increases, so does the motivation to own pets and this should continue to develop very strongly and this company will be able to secure a lot of market share.
Returns are not everything, so it is a fundamentally very good company, the debt is easily covered by equity and the company will keep buying back its own shares, which can be thrown onto the market if a takeover has to be made or things go badly. You can see that the management is acting in the interests of the shareholders.
Sales are also eps and ebitda is also rising nicely.
The valuation is of course sporty, but with solid quality companies you have to accept it. Now I will be preparing my chart analysis in the next few days to determine entry points and work out important chart areas.
Have a nice day 🙌