3 Reasons AmerisourceBergen Is A SWAN Worth Buying Today

Nov. 05, 2021 9:40 PM ETCencora, Inc. (COR) StockCOR2 Comments

Summary

  • AmerisourceBergen is a moat-worthy and economically resilient company that can steady a portfolio in both good times and bad.
  • It just posted strong fiscal 2021 results, and analysts expect respectable earnings growth over the next 2 years.
  • Yet, it remains undervalued compared to historical valuations. I also highlight the balance sheet and dividend safety.
Art Swan on the water at sunrise

Konstanttin/iStock via Getty Images

Growth stocks are fine and exciting, but it’s the steady value stocks that “pay the bills” during the difficult times, especially when it comes to non-cyclical and economically-resilient companies. These stocks can serve as portfolio ballasts when things get from bad to worse, and can greatly

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Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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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