/Idexx%20Laboratories%2C%20Inc_%20phone%20and%20chart%20-by%20IgorGolovniov%20via%20Shutterstock.jpg)
Westbrook, Maine-based IDEXX Laboratories, Inc. (IDXX) focuses on enhancing the health and well-being of pets, people, and livestock. It develops and distributes products and services for the companion animal veterinary, livestock and poultry, water testing and dairy markets. With a market cap of $35.8 billion, IDEXX operates as a global leader in pet healthcare innovation.
Companies worth $10 billion or more are generally described as "large-cap stocks," IDEXX Laboratories fits this bill perfectly. Given the company’s dominance in the pet healthcare space, its valuation above this mark is not surprising. It operates in 70+ locations worldwide and serves customers in over 175 countries.