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With a market cap of $51.6 billion, Cardinal Health, Inc. (CAH) is a healthcare services and products company that operates in the United States and internationally. The company distributes branded and generic pharmaceuticals, specialty drugs, and over-the-counter healthcare products while providing supply chain and pharmacy management services to hospitals, pharmacies, laboratories, and other healthcare providers.
Companies valued at $10 billion or more are generally labeled as “large-cap” stocks, and Cardinal Health fits this criterion perfectly. It operates through two main segments: Pharmaceutical and Specialty Solutions, and Global Medical Products and Distribution, while also manufacturing and distributing a wide range of medical and surgical products.