Reasons to Hold Cencora (COR) Stock in Your Portfolio for Now
CORCencora(COR) zacks.com·2024-05-27 20:46

Cencora, Inc. (COR) is well-poised for growth on the back of robust U.S. Healthcare Solutions business and product launches. However, intense competition is a concern. Shares of this Zacks Rank #3 (Hold) company have risen 6.6% year to date compared with the industry’s 3.4% growth. The S&P 500 Index has risen 11.6% in the same time frame. Cencora is one of the world’s largest pharmaceutical service companies, focused on providing drug distribution and related services to reduce healthcare costs and improve ...