The Latest Breaking News from CAH

Monthly inflation inched up in January. Moreover, the Fed could be forced to raise the benchmark rate higher than forecasted. Amid this backdrop, it could be wise for investors to buy fundamentally strong stocks Coca-Cola (KO), Bristol-Myers Squibb (BMY), Cardinal Health (CAH), and Bluegreen Vacations Holding (BVH), currently trading under…

The healthcare industry's future looks promising, thanks to the growing medical needs and technological improvements. Also, due to inelastic demand for their products and services, healthcare stocks tend to perform relatively well regardless of the economic situation. Therefore, investors could consider buying fundamentally stable medical stocks Centene (CNC), Cardinal Health…

With the central bank’s progress in controlling inflation, recession risks have subsided. Amid early signs of resilience, the IMF recently upgraded the outlook for the U.S. economy in 2023. Given this backdrop, fundamentally strong stocks Halliburton (HAL), Cardinal Health (CAH), and Jabil (JBL) could be ideal buy-and-hold options for solid…

The medical industry is poised for growth this year, driven by expanding medical needs and increasing federal support. Moreover, the industry is expected to thrive in times of uncertainty due to steady demand. Thus, quality medical stocks McKesson Corp. (MCK) and Cardinal Health (CAH) could be ideal buys this year.…

Despite inflation slowing down, it is still far from the Fed's target. While the pace of rate hikes might slow, the Fed is expected to continue with the increases this year. Therefore, fundamentally sound stocks Sysco (SYY), Cardinal Health (CAH), and Sisecam Resources (SIRE), which pay a steady dividend, might…

The incessant rate hikes have led to significant market volatility and raised recessionary fears. However, with inflation finally cooling and wage growth slowing down, we think fundamentally strong stocks Bristol-Myers Squibb (BMY), Cardinal Health (CAH), and KT Corp (KT), which are rated A (Strong Buy) in our proprietary rating system,…

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).…

Many market pundits expect a recession in 2023 as policymakers continue raising interest rates to cool the economy and quell inflation. Retirees looking for stable passive income might consider adding fundamentally sound dividend-paying stocks, Walmart (WMT), Kellogg Company (K), and Cardinal Health (CAH), to their portfolios now. Keep reading….

Government funding for the healthcare industry is increasing significantly. Additionally, progressions in hospitals’ digital architecture and a surge in telemedicine brought on by the convergence of the COVID-19 pandemic and 5G networks are further boosting the industry’s growth. Hence, investing in fundamentally strong healthcare stocks AbbVie (ABBV) and Cardinal Health…

The Fed’s hawkish stance and decline in consumer spending indicate that the economy could soon tip into a recession. Therefore, investors should consider fundamentally sound stocks Cardinal Health (CAH), United Microelectronics (UMC), MasterCraft (MCFT), and GEE Group (JOB) now. Keep reading….

Cardinal Health is the IBD Stock Of The Day as a drug distribution rally sends CAH stock within striking distance of two potential entries.