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With a market cap of $47.5 billion, Cencora, Inc. (COR) is a healthcare solutions provider and operates in the pharmaceutical distribution sector. Based in Conshohocken, Pennsylvania, the company specializes in sourcing and distributing a wide range of healthcare products and services globally.
Companies valued at $10 billion or more are generally considered “large-cap” stocks, and Cencora fits this criterion perfectly, exceeding the mark. Cencora is renowned for its pivotal role in the pharmaceutical supply chain, handling approximately 20% of all pharmaceuticals distributed in the United States and ranking among the top companies on the Fortune 500 list.