Is Labcorp Holdings Stock Outperforming the Dow?

With a market cap of $21.9 billion, Labcorp Holdings Inc. (LH) provides laboratory services, aiding doctors, hospitals, pharmaceutical companies, researchers, and patients. Based in Burlington, North Carolina, the company operates through two segments, Diagnostics Laboratories and Biopharma Laboratory Services.

Companies worth $10 billion or more are typically referred to as "large-cap stocks." LH fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the diagnostics & research industry.