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Mckesson Corporation MCK - News Analyzed: 5,461 - Last Week: 100 - Last Month: 400

↑ Mckesson Corporation (MCK) attracts investors amid stellar performance and strong institutional backing

Mckesson Corporation (MCK) attracts investors amid stellar performance and strong institutional backing
McKesson Corporation reels in investor attention, following financial performance results that surpassed expectations. The renowned investor, Jim Cramer, persists in advocating for the company, suggesting an approach of pyramid-style buying. The fiscal 2025 second quarter results and the subsequent raising of the full-year adjusted EPS guidance have incited professional interest, with leading analyst, Larry Robbins, spotlighting it as one of the best stocks to purchase. The corporation reported record revenue and strategic growth in its Q2 2025 earnings call. McKesson's ruling institutional ownership which caps at about 89%, further drives the company's market strength. The company recently announced the sale of Rexall and Well.ca businesses to Birch Hill Equity Partners. However, the announcement of its shortfall on Q1 revenue, resulted in a noticeable dive in stock price. McKesson continues to display resilience in the face of fluctuating market conditions and shows ongoing potential for long-term value, particularly given its five-year span in delivering substantial returns for investors.

Mckesson Corporation MCK News Analytics from Sun, 05 May 2024 07:25:47 GMT to Wed, 25 Dec 2024 15:55:31 GMT - Rating 7 - Innovation 3 - Information 6 - Rumor -5

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