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Valued at a market cap of $30.3 billion, Dublin, Ohio-based Cardinal Health, Inc. (CAH) is a healthcare services and products company. The company provides distribution services and manufactures a wide range of pharmaceutical and medical products, serving healthcare providers, pharmacies, and manufacturers across the globe.
Shares of the prescription drug distributor have underperformed the broader market over the past 52 weeks. CAH has risen 19.4% over this time frame, while the broader S&P 500 Index ($SPX) has gained 35.7%. In 2024, CAH stock surged 24.3%, compared to SPX's 25.5% YTD gain.
