Amazon, not the first, nor the last to attempt disruption. 5 diagnostics stocks: From downside forecast, to upside as high as 67%

Synopsis
Are you surprised Amazon has entered the diagnostic sector? Do you wonder how it will impact brick and mortar players? Just Google “Reliance entry into the diagnostic sector”. So, Amazon is not the only one moving into the sector, and probably not the last. Now, some questions: Should you buy diagnostics stocks as they decline under the pressure of headlines? Or sell them because of increased competitive intensity? Or ignore the news flow and just hold? From being part of a star portfolio manager’s top picks, to him admitting later that he had made a mistake, diagnostic stocks have seen quite a cycle. So there are no easy answers. Also, there is another side to the story.

Just a couple of weeks back, there were headlines about rising Covid cases in Southeast Asian countries. And alarm bells started ringing in India. Almost in step with this development, a domestic diagnostic stock again came into the limelight, with some reports mentioning how the company is getting ready for another surge in Covid. Fortunately, there was no surge of cases in India. And there certainly was no panic. So, it is probably good that

ETMarkets.com

12 mins read

Jun 23, 2025, 04:10:00 PM IST

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