McKesson Corporation : The comeback of an upward trend can be anticipated
Entry price | Target | Stop-loss | Potential |
---|
US$151.96 |
US$170.96 |
US$144 |
+12.5% |
---|
The timing from a technical point of view appears attractive to go long in shares of McKesson Corporation and to anticipate a trend reversal.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The company has solid fundamentals for a short-term investment strategy.
Strengths● The stock, which is currently worth 2021 to 0.11 times its sales, is clearly overvalued in comparison with peers.
● The company's attractive earnings multiples are brought to light by a P/E ratio at 11.39 for the current year.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Weaknesses● The company has insufficient levels of profitability.
● The company is not the most generous with respect to shareholders' compensation.
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