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Barchart
Rashmi Kumari

McKesson Stock Outlook: Is Wall Street Bullish or Bearish?

MCK McKesson

With a market cap of $71.74 billion, McKesson Corporation (MCK) is a significant healthcare services and pharmaceutical distribution company headquartered in Irving, Texas. It is known for its vast distribution network and commitment to improving patient care. McKesson plays a pivotal role in the healthcare industry by delivering pharmaceuticals, medical supplies, and technology solutions to customers across the U.S. and internationally.

MCK has significantly outperformed the broader market over the last year. The stock has gained 31.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 27%. In 2024, the stock has rallied 19.3%, compared to SPX's 18.1% gains on a YTD basis. 

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