MCKESSON CORP. $682 is a buy for aggressive investors. The company (New York symbol MCK; Consumer sector; Shares outstanding: 125.1 million; Market cap: $85.3 billion; Dividend yield: 0.4%; Takeover Target Rating: Medium; www.mckesson.com) is the largest wholesale drug distributor in the U.S. and Canada.
The company now plans to spin off its medical-surgical division as a separate, publicly traded company.
This business distributes surgical supplies, such as gloves, needles and laboratory equipment, to over 340,000 hospitals, doctors’ offices and clinics in the U.S. It accounts for 3% of the company’s total revenue.
The spinoff will let McKesson better focus on its more-profitable operations, such as distributing cancer drugs and other specialty medicines.
The company has not yet announced the terms, but will probably complete the transaction in 2026.
Meantime, McKesson’s earnings in the fiscal year ending March 31, 2026 will likely rise 13% to $37.25 a share. The stock trades at a reasonable 18.3 times that forecast. The $2.84 dividend yields 0.4%.
McKesson is a buy. buy…
Privacy Policy and Terms of Use
The Successful Investor Inc. and its affiliate Successful Investor Wealth Management (referred to hereafter as TSI Network) know that you care how information about you is used and shared, and we appreciate your trust that we will do so carefully and sensibly. This notice describes our privacy policy. By visiting websites owned by or associated with TSI Network, you are accepting the practices described in this Privacy Policy.
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The privacy of the site/store visitor is very important to TSI Network, and is respected at all times. The information we receive from customers helps us to personalize and continually improve your online experience at TSI Network.
We do not collect or disclose personal information, except when it is provided to us voluntarily by the site/store visitor with their consent.
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We are continuously in the process of improving our sites and services. If any new features or policies require a change to this current policy, we will post a clear notice of this change on pages of our site where the privacy policy appears. The principle behind this privacy policy is to collect information with your knowledge and consent.
What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
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Does TSI Network Use the Information It Receives?
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Changes to this Policy
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