McKesson (MCK) Gains 26% Year to Date: What's Backing the Rally?
McKesson(MCK) ZACKS·2024-07-17 22:16
McKesson (MCK) is witnessing strong momentum, with its shares having rallied 26.1% year to date against 1.5% decline of the industry. The S&P 500 composite has risen 16.9% during the same time frame.With healthy fundamentals and strong growth opportunities, this Zacks Rank #3 (Hold) company appears to be a solid wealth creator for its investors at the moment.Headquartered in San Francisco, CA, McKesson is a healthcare services and information technology company with two operating segments — Distribution Sol ...