There are three major medical distributors in the United States and I covered one of them quite regularly in the past - McKesson Corporation (MCK). I also wrote an article about
Cardinal Health: A Fair Company At A Wonderful Price
Summary
- Cardinal Health is one of the three major medical distribution companies in the United States.
- There are a few issues with Cardinal Health like the fluctuating net income during the last two decades and the declining margins.
- But even when calculating with conservative growth assumptions, Cardinal Health seems to be deeply undervalued.
My analysis is focused on high-quality companies, that can outperform the market over the long-run due to a competitive advantage (economic moat) and high levels of defensibility. Focused on European and North American companies, but without constraints regarding market capitalization (from large cap to small cap companies).My academic background is in sociology and I hold a Master’s Degree in Sociology (with main emphasis on organizational and economic sociology) and a Bachelor’s Degree in Sociology and History.
Analyst’s Disclosure:I am/we are long CVS. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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