Filed under: Stocks to Buy
The shares of Cardinal Health (CAH) have meandered the past three months, but investors should view that sideways action as an extended opportunity to scoop-up shares, as the pleasant story continues with CAH.
Cardinal Health spun-off 81% of its clinical and medical products segment, CareFusion Corp. (CFN) in August 2009.
First discussed here on April 17, 2009 at a pre-spin-off price of $34.22, Cardinal's outlook is promising, due to a likely 3-5% 2010 revenue rise, after a 2.9% increase in 2009.
Key operation factors working in CAH's favor include increased prescription sales, modest pricing power, better performance of wider-margin generic drugs, lower customer attrition, and more-effective cost controls.
Continue reading Cardinal Health: Well-Positioned for the Health Care Reform Era
Cardinal Health: Well-Positioned for the Health Care Reform Era originally appeared on BloggingStocks on Mon, 26 Jul 2010 14:00:00 EST. Please see our terms for use of feeds.
Permalink | Email this | Comments
Cardinal Health - Health care - United States - BloggingStocks - Medicine