Labcorp Holdings Inc (LH) News

LH anew 52=Week high

LH new 52 week high

Before I bounce

For another trip

Watching to see if she'll give back

Had to take profits here! Loved this stock ... still do but. Got to take dat money

BREAKING NEWS: $LH How to Trade Laboratory Corporation $LH With Risk Controls

Price matters most to making money in the market. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with out market based analysis, the probabilities of going with the flow increases, and t...

Got this from LH - How to Trade Laboratory Corporation $LH With Risk Controls

Waiting for this to GO LOWER NOW on vaccine related developments. Folks don't realize this is a GOOD development for LH too! Since they suffered BADLY from folks NOT wanting to get their NORMAL tests done, visit Dr's offices, etc., when COVID first arrived & business suffered (along with the stock price).

Just wait,... like me, & ACCUMULATE LOWER.... Better days ahead AGAIN!

DAY JUST KEEPS GETTING BETTER! ALL my stocks are WINNERS!!

Bringing home the BACON!! Boo-yah!

Climbing RIGHT BACK to $200+ from $182's & 183's recently...

CONGRATS to those who follow along & BOUGHT IT WITH ME!! GLA

#MoneyMaker!

Already UP $5.00 from yesterday's BUYS eh? I LIKE IT!

Keep it rolling LH! LOVE making that CASH MONEY!

THANK YOU for the $182's & $183's BABY! Morning is ALREADY off to a GREAT START!! Stalking & preying! Thank you LH... Taking the low & sub-$180's as a gift here in the short-term.

Danka!

Almost, getting warmer & kinda closer... Keep sliding down. You can DOOOO IT!

A BIT FURTHER & I'll be a very happy camper.

Come back to PAPA baby! You KNOW I love me some sub-$190 reloads as the NEXT STEP is a hearty break up OVER $200 imv...

Take those $185's like I robbed those sub-$170's from last month!

Gift that keeps on a givin'!

$196 & CLIMBING!! Should see pre-Market $200.00 pretty soon!

I LOVE ALL MY STOCKS!! xoxoxox

If I have powder this gets bought at any level below 200. IMO; the feds running out of money, we're on traders now not fed money, may move like a snail for awhile! BA

$194 baby weeeee..... LMAO... Just enjoying the ride is all. This one took a bit LONGER than I thought to breakout but,... It's all good with these institutional stocks!

LH 50/200sma had a bullish golden cross here...Nice long term bullish sign...

$183... Weeeeee.... LOL with MORE TO COME!

COMING UP on 3-mo highs here!!

Undervalued... ALL I'm saying! See you higher bud.

$180.- with CALLS looking GOODIE!! Ha ha & my LAST BUYS were $167-$168!!

So happy! Weeeee..... LabCorp just keeps on plugging away, executing & releasing UNDERESTIMATED NEWS in terms of their overall business strategy!

Personalized medicine & PERSONALIZED clinical trials, serving drug companies MORE EFFICIENTLY with 50+ years of DATA MINING using A.I. & other metrics means COVANCE is going to SCALE NEW PHARMA business MUCH MORE quickly than ANYONE expects. LabCorp corona-pause has been a GREAT development as telemed, telehealth & MORE EFFICIENT modalities (including clinical synergies) are developed, adopted & ACCELERATED far faster than what would have been ORGANIC without covid...imho!

BUY, BUY, & BIG TABLE POUNDING BUY!!

Still buying BA on dipos, see better ROI. I own what I own here, not looking to buy more. I like gmbl even with the run.

Institutional ownership here has buys kinda DOW-tied. This stock dropping BELOW that 200DMA would likely have a SERIOUS DOW TEST lower!

I know, I accidentally had an order in @ $167.00 when it dropped on the 27th. I went to put an ORDER just at or slightly above the 200DMA that day & realized I had a 300 share limit order in there from the 21st that was executing.

If the stock had the KIND OF WEAKNESS you're suggesting it would have TESTED that 200DMA right then & there! And TECHNICALLY it kinda should have...

The DOW performance on this MOSTLY institutionally-owned STOCK is KEY here imv,... If the DOW stays sideways or moves higher I don't see LH taking a dive UNLESS some directly negative news event happens.

Everything is tailwind right now with CORONAVIRUS ramp-up, with country getting back to normal, with economy re-opening, travel coming back, the advances in telemed, the NEW Medable deal, etc., etc., etc..
https://finance.yahoo.com/news/labcorp-partners-medable-expand-technology-132901628.html


By next Q, there's talk LH may even GET AHEAD of U.S. corporate & announce a dividend. It'd SHOCK the market & shoot LH into the $220 range for sure imho. But even without that they should be doing well enough to see $200 test into Q3 before long. I think there's a BETTER SHOT @ a $200 test than that $120 or whatever you were hoping to buy here... I just don't see it falling that far without some SERIOUS issue or market-wide event/pressure.

We don't break through 180 early next week we're going down. But the RSI IS AT 51.

Setting up nicely AS OUTLINED!! Price target ACQUIRED...Now let's see what we see... $$$

(edit) DANG that close dropped us RIGHT OUT of that sweet spot!

Just had a LOVELY RE-TEST of the bottom-uptrend CHANNEL @ $172.75 & NOW I'm EXPECTING MORE UPSIDE gains!!


Trump about to speak, let's hope it's NOTHING STUPID! Gotta see that $175.63 break before close imho!

Next week has HUGE PROMISE if we close up North & again,...NOTHING DUMB happens out there... We COULD see a BIG BREAK above $179 next week. Too bad the options here aren't as plentiful & more reasonably priced with TIGHTER SPREADS because it'd be a GREAT R/R upcoming!

I'm plugging BA

$LH just quietly PLUGGING ALONG higher! Looking like $180+ is a CALLING!!


LH

PRETTY AMAZING CALL if I say so myself. Came down just BEFORE that MA & then LAUNCHED right into $175 close!!

Been SMOKING HOT lately...

Might test $165 50DMA before BREAKING UP through $175 range into pre-COVID ~$196.+ highs... IF it does I'll be a buyin' it back right theeere BIGGLY. Meantime, I just re-took a starter to build upon since I'm fairly certain it's going to that $175-level sooner rather than later.

With COVID testing at all-time highs AND back-to-work efforts puts LH right in the thick of BOTH circumstances! People getting back to normalcy means regular testing, Dr. appts, etc., = improved business AND C-19 ramp-up means MO BUSINESS TOO! Can't lose, going forward.

May be way some price targets have been RAISED on the stock to $244.00++

Meanwhile we're POPPING UUUUP, UP in here...

BOING set to pop higher. No one knows if 2nd-wave (covid-19) FEARS will materialize in ANY meaningful way; however, I expect BA to recover just under 50% of pre-Covid highs by the end of the year & demonstrably so from September (into Holidays as we move into the New Year).

As mentioned to YOU before: I don't make ANY specific calls to others because YOU NEVER know what their level of EXPERIENCE investing is. But MORE IMPORTANTLY, their REASONS for investing, goals, timelines, etc.. & sometimes that's MORE IMPORTANT than what they're investing in &/or ought to INFORM what, how, when, etc..



I chart, study fundamentals, macro developments & have a VERY HEALTHY & ROBUST RISK tolerance so I take MORE chances than many. And those choices tend towards being VERY CALCULATED. Not always, but that's the goal. And what's right for me, may not be for a retiree, new investor, etc.. They may NOT even have tools & skills to write calls or puts for example & make money (or reduce losses) if an investment goes sideways, the market turns against them, COVID-2 happens or whatever... So MY POSTS, decisions & DECLARATIONS are more to keep MYSELF honest. Hey, I bought this @ this time, see this, etc.. & act accordingly. MOSTLY in real time. You don't see alot of that on these boards... But I think its the ONLY way to evaluate my trading. GL

Tommy, how far is the BA gonna run, seems like better use

ANOTHER GREAT Chartastic pick-up over less than 24hrs... $164 gap-fill & NOW a few hours later (in trading terms) we're DRIVING UP through $173.50+ & hit $173.84 already.

BUY the DIPS,...been SHOUTING this TABLE POUNDING BUY for quite awhile now! Pre-Covid $196.36 highs should be on the radar by Q3 for sure!

LH is a BIG BUY!

Awesome early $164 a.m. GAP FILL,...now moving higher! Quickest buck ever!

LabCorp Launches Customized Return To Work Solutions For U.S. Companies https://www.businesswire.com/news/home/20200514005433/en/







LabCorp Significantly Expands Availability of Its COVID-19 At-Home Collection Test Kit
Consumers Now Have Access to the At-Home Test Collection Kit Online with No Upfront Costs
https://www.businesswire.com/news/home/20200512005458/en/LabCorp-Significantly-Expands-Availability-COVID-19-At-Home-Collection


Annual SHM &
Banking Conference Webcast links:
https://ir.labcorp.com/investor-overview



LH

AWESOME: 200,000 ready-to-go NOW
GET TESTING NOW @NO-COST @HOME link

https://www.pixel.labcorp.com/covid-19

TWO CONFERENCES TODAY:
1) The LABORATORY CORP. OF AMERICA HOLDS Annual Meeting of Stockholders. A playback of the meeting will be available at SHM Link.



2) Laboratory Corporation of America Holdings at the 2020 BofA Securities Healthcare Conference
May 13, 2020 at 10:20 AM EDT
BofA Securities Conference


LH Investor Relations LINK


LH

It sure feels like it tommyd20...

$LH

LH Getting ready to LAUNCH....again! News, more news this week & investors BANKING conference along with Annual SHM means MORE CATALYSTS! Oh yeeeah!

Plus $100,000.00 Exec V.P. insider-buys last week!

LH

Calls topped out @ $1.15, not a bad trip from $0.30!

$0.30 May 15 expiry $175 strike calls ALREADY DOUBLED & heading HIGHER! Loving LH all the way to the BANK of AMERICA, ANNUAL SHM, & other developments & announcements THIS WEEK!!

Should be a steady stream of positive developments BECAUSE going back-to-work will lead to storylines & complications (higher infection rates) that have ZERO DOWNSIDE for this stock!


Covance about to make some noise too I'm hearing! Executive VP bought $100,000.00 worth of stock end of last week as well! All GREAT signs pointing higher to pre-Covid $196.36 highs.

Time will tell,...ALWAYS DOES!

LH

Just bought that $164 dip & ADDED calls. Between the Annual Shareholders Meeting, Bank of America pitch, NEWS on ramp & testing expansion, including in-home test-kit expansion AND NO out-of-pocket COST (FREE) Testing the stock should accelerate BACK UP towards pre-Covid highs. Also like that $100,000.00 Executive VP insider purchase last week.


I always like to see insiders buying for ALL the OBVIOUS reasons!

LabCorp $10 5min antibody-test with results in 24hrs

'There's just a lot of anxiety in waiting' LabCorp coronavirus antibody test now available
Lisa Dames was sick twice this spring and wanted to know whether it'd been the virus

10:32 PM EDT May 8, 2020
GREENSBORO, N.C. — In February it was flu-like symptoms but she tested negative for the flu. Then in April, she had a stomach bug. Lisa Dames couldn't help but wonder if one of those illnesses was the coronavirus.

"For me, it was about peace of mind and just knowing one way or the other if I'd had it or not," said Dames.

She heard about LabCorp's coronavirus antibody tests--which look for resistance to the virus in the immune system.

LabCorp's tests don't require a doctor's note and cost $10. Dames went online and filled out a form on the company's website.

"It specifically asks if you have symptoms cause obviously they don't want folks that are currently infected to go into the labs for testing," said Dames.

She filled out the form and scheduled the appointment. Her finger was pricked for a blood sample and within 24 hours she had her test results back--negative.

There are more than 200 antibody test kits on the market but experts are still grappling with how accurate the results are.

"Only 12 have been approved by the FDA. The ones that have been approved are believed to be very accurate but the ones that are not approved are not very accurate," said Novant Health senior vice president Dr. David Priest.

He said LabCorp's antibody test is one of those 12 FDA approved tests but there's still a lot of unknowns.
https://www.wfmynews2.com/article/news/local/labcorp-offering-coronavirus-antibody-tests/83-3c611b2b-5e4e-4a18-9470-741df832accf


EXPECTING NEWS this week on ramp-up measures to deliver ~DOUBLE the testing capacity (per day in April). While helping support businesses in their efforts to test employees; as the U.S. government eases restrictions on re-opening the U.S. economy this week!


LH

NPR says, 3-500x current-testing-levels NEEDED! ...in order to open the country: US is currently testing ~300k/day; but needs to be @900k - 10mm+/day according to Harvard & this expert on NPR:
https://www.npr.org/sections/health-shots/2020/05/07/851610771/u-s-coronavirus-testing-still-falls-short-hows-your-state-doing


LH

$167 BREACHED into close already & likely moving HIGHER early next week into those meeting & announcements. Ramping up tests, economy opening, country returning to normal & on & on it goes. Should be a GREAT WEEK for NEWS & LabCorp-related developments to SUPPORT TAILWINDS on the stock...

Great news

PERFECTLY-TIMED NEWS: https://ih.advfn.com/stock-market/NYSE/laboratory-corporation-o-LH/stock-news/82389929/labcorp-is-scheduled-to-present-at-the-bank-of-ame

BUY LH:
[] AHEAD of the BANKS attending the conference
[] AHEAD of the Institutional Investors (some of whom appear to be buying already)
[] AHEAD of next week's ANTIBODY & in-home test-kit EXPANSION
[] And the REOPENING of the ECONOMY as May 15th sets off LARGE NUMBERS of workers being tested in compliance with NEW work-related employment rules per CDC & gov't.

EXPECTING a break-up into pre-Covid highs of $196.36 while MANY analysts are NOW predicting LH will break up through $200.00 & others have their price targets NORTH of $215.00

Looking at a MIN of 20% GAINS in a short period. LH has 97mm shares outstanding & is 93% institutionally-held. That leaves about 7mm shares avail in the float (generally speaking) & with Corona, COVANCE acquisition, data-mining, AI applications & diagnostic medical testing & administration LH is hitting on ALL CYLINDERS. The stock WILL REFLECT that value before long & ought to get to pre-Covid highs before the next Q imho if not by the end of the month!



LH

I buy every check.

BUYS CRUSHING SELLS HERE:
https://ih.advfn.com/stock-market/NYSE/laboratory-corporation-o-LH/trades

As "BASKET INDEX" (aka Institutional BUYING) is quietly & discretely PICKING UP they're BUYING UP every share as if SOMEONE KNOWS SOMETHING: Remember ~93% of the 97mm shares here are INSTITUTIONALLY HELD! & that (93%) number may be RISING!

Beyond that, NEXT WEEK LH is set to announce they've RAMPED UP antibody tests & are making the in-home swab-&-ship test available to the PUBLIC. As of right now the 100,000 initial FDA-approved in-home tests were ONLY for First Responders. Expecting some NEWS & perhaps that's where all this BUYING at the ASK is coming from!!

HELLO $166+ on LH! Looks like D & other calls on B have been pretty SPOT ON down to their prices, continuation & in the case of D BIG RETRACE! Kudos to anyone who followed those calls... MADE MONEY & SAVED MONEY too!

Anyone, like me, who took the TOP of D now can add MORE shares or free-ride a LARGER PILE going forward...GL