IDEXX LABORATORIES INC. $52 – Nasdaq symbol IDXX

IDEXX LABORATORIES INC. $52 (Nasdaq symbol IDXX; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 58.6 million; Market cap: $3 billion; Price-to-sales ratio: 3.1; WSSF Rating: Average) makes equipment that veterinarians uses to detect diseases in animals. Idexx also makes systems that detect contaminants… Read More

Rising pet spending helps these two

The American Pet Products Association estimates that spending on pets will rise 5% this year, despite the economic slowdown. As well, over 60% of U.S. households now own a pet, and this number is expected to rise. These trends should continue to help these two… Read More

IDEXX LABORATORIES INC. $36 – Nasdaq symbol IDXX

IDEXX LABORATORIES INC. $36 (Nasdaq symbol IDXX; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 59.1 million; Market cap: $2.1 billion; Price-to-sales ratio: 2.2; WSSF Rating: Average) makes equipment that veterinarians use to detect diseases in animals. Idexx also makes systems that detect contaminants… Read More

Pet-focused stocks with special appeal

PetSmart and Idexx reported higher earnings and sales for 2008. The recession could prompt people to spend less on their pets this year. Still, both companies are in a good position to profit when the economy picks up.

PETSMART INC. $21 (Nasdaq symbol PETM; Aggressive Growth… Read More

Ivy Enterprise Fund $4.23

IVY ENTERPRISE FUND $4.23 invests in small and medium-sized companies. The $139.9 million fund has an MER of 2.38%.

The fund’s overall choice of stocks doesn’t inspire our confidence. Its top holdings are Richie Brothers Auctioneers, National Instruments, CH Robinson Worldwide, Idexx Laboratories, Hibbett Sports, Astral… Read More

Ivy Funds: 2 Buys, 2 Sells & One Hold

At one time, mutual funds within a particular ‘fund family’ often shared some key investment characteristic, such as a conservative or aggressive investment approach, or a stress on value as opposed to growth.

However, due to corporate mergers and takeovers in the mutual-funds industry, and more… Read More

Discontinued Product Helped Lift Earnings

IDEXX LABORATORIES INC. $58 (Nasdaq symbol IDXX; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 60.3 million; Market cap: $3.5 billion; WSSF Rating: Average) has gained 20% in the past three months, mainly due to higher-than-expected earnings.

In the second quarter of 2008, Idexx’s earnings… Read More

Ivy Enterprise Fund $4.24

IVY ENTERPRISE FUND $4.24 invests in small and medium-sized companies. The $160.4 million fund has an MER of 2.40%.

The fund’s overall choice of stocks doesn’t inspire our confidence. Its top holdings are Richie Brothers Auctioneers, National Instruments, Resources Connection, Idexx Laboratories, Astral Media, Canadian Western… Read More

Just Two of These Ivy Funds Are Buys

At one time, mutual funds within a particular ‘fund family’ often shared some key investment characteristic, such as a conservative or aggressive investment approach, or a stress on value as opposed to growth.

However, due to corporate mergers and takeovers in the mutual-funds industry, and more… Read More

High P/e Limits Idexx’s Appeal

IDEXX LABORATORIES INC. $48 (Nasdaq symbol IDXX; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 61.0 million; Market cap; $2.9 billion; WSSF Rating: Average) reported that sales grew 24.8% in 2007, to $922.6 million from $739.1 million in 2006. Earnings per share before one-time… Read More