Bio-Reference Laboratories - Solid Growth, Fair Valuation, Long-Term Opportunity
- Bio-Reference Laboratories operates in a tough external environment with increased competition and lower reimbursements.
- These factors are, however, stabilizing, creating less severe year-on-year headwinds.
- Management is investing in future growth, thereby sacrificing short-term earnings.
- The company has a very strong track record, making the valuation still appealing.