The Latest Breaking News from McKesson Corporation

Mckesson Corporation (MCK) delivered better-than-expected earnings for the last quarter and updated its outlook for fiscal 2023. Wall Street analysts expect the stock to rise more than 18% in the near term. Therefore, it could be wise to buy this medical stock now. Read more….

With expanding medical needs and technological advancements, the healthcare industry’s prospects look impressive. Moreover, healthcare stocks tend to perform relatively well, irrespective of economic conditions, thanks to the inelastic demand for their products and services. Therefore, we think Nature’s Sunshine Products (NATR), Abbott Laboratories (ABT), Humana (HUM), Molina Healthcare (MOH),…

With the Fed’s continued interest-rate hikes expected to keep markets in perpetual turmoil, it would be opportune to load up on McKesson (MCK). The recession-resistant medical services market leader’s enduring competitive advantages and attractive valuation have also earned it a place in the portfolio of Warren Buffett-led Berkshire Hathaway (BRK).…

While the moderate inflation rate for November has boosted investor sentiment and may have paved the way for lower interest rate hikes from this month, Fed’s recent comments suggest that the target interest rate may be a bit further ahead. Hence shares of fundamentally strong businesses with robust demand, such…

With slowing inflation, indications of slower rate hikes by the Fed beginning this month, and resilient employment growth, fundamentally strong stocks AbbVie (ABBV), Oracle Corporation (ORCL), and McKesson (MCK) could be opportune investments now. Continue reading….

Markets have been highly volatile this year due to macroeconomic and geopolitical headwinds. However, signs of slowing inflation and dovish comments from the Fed Chair have renewed investor appetite for riskier assets. Hence, it could be wise to invest in the fastest-growing stocks, CVS Health (CVS), McKesson (MCK), Celestica (CLS),…

The Fed’s aggressive interest rate hikes this year have hurt growth stocks significantly. However, McKesson Corporation (MCK) has stood tall, becoming the second-best performing non-energy stock in the S&P 500 this year. With its growth expected to remain strong due to its strategic acquisition of Rx Savings Solutions (RxSS), it…

World-famous investor Warren Buffett picked up shares of healthcare services provider McKesson Corporation (MCK) this year. The company has raised its dividends for 16 consecutive years. With a recession expected next year, this healthcare services stock is expected to remain stable as demand for healthcare and related services usually remain…

With inflation showing signs of slowing down, markets have been buoyed by expectations of a softening monetary stance by the Fed. Hence, it could be opportune to invest in fundamentally strong stocks AT&T (T) and McKesson (MCK) with enough headroom to grow. Read on….