S&P Capital IQ Picks MCK Focus Stock of the Week
NEW YORK, Jan. 6, 2014 /PRNewswire/ -- McKesson Corp. (NYSE: MCK: $161) has been picked by S&P Capital IQ as its Focus Stock of the Week. MCK carries S&P Capital IQ's highest investment recommendation of 5-STARS, or Strong Buy. In terms of annual revenue, McKesson is the number one pharmaceutical distributor in the U.S. and Canada; the largest health care IT provider; and the largest distributor of medical-surgical products to alternate care sites.
"We believe that by leveraging its leading positions in these markets, as well as through cross-marketing opportunities between the company's distribution and technology businesses, this health care distribution giant should continue to penetrate its core customer markets and generate revenue and earnings growth above its peers," said Herman Saftlas, equity analyst at S&P Capital IQ.
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