Idexx laboratories: A company trading at 60x PER. Would you buy it? That was the first thought that cross my mind. To be honest, I have got no clue what the business of the company was. I was first introduced to this counter as it was a recommended Starter Stock by Motley Fools.

So I briefly took a look at its financials from Gurufocus and came away pretty impressed by its past decade of financial performance. The company registered earnings per share (EPS) growth in every single year over the past 10 years! Pretty impressive feat for a company that you probably would have no inklings what its business was about if you ain’t a pet owner.

In short, Idexx is an American multinational corporation (presence in over 175 countries around the world) engaged in the development, manufacture and distribution of products and services for the