That's an impressive chart.
While the Nas is retesting it's 10/1998 lows, LH is a 10-bagger. Anybody who owns a lot of those stocks, is saying, "Bear market? What bear market?"
Honestly, I've never even looked at that sector. Which is pretty silly, considering that I ought to have an easier time understanding that sector, than semi-equips and software companies.
No, I don't think it's unethical. They provide a useful service. They don't make products that kill people, unlike some other publicly traded companies. If they operate in an environment where they have a guaranteed market and monopoly pricing, well, life isn't fair, and I don't expect it to be. Wish I'd bought them 3 years ago (and held).
Medical testing ought to be a growth industry, for the rest of this century. Not sure where the barriars to entry are. |
