{"id":246355,"date":"2025-10-28T20:23:19","date_gmt":"2025-10-28T20:23:19","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/246355\/"},"modified":"2025-10-28T20:23:19","modified_gmt":"2025-10-28T20:23:19","slug":"this-strong-buy-healthcare-stock-just-hit-new-all-time-highs","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/246355\/","title":{"rendered":"This \u2018Strong Buy\u2019 Healthcare Stock Just Hit New All-Time Highs"},"content":{"rendered":"

McKesson (MCK)<\/a> is trading at new all-time highs and has strong technical momentum.MCK has a 100% \u201cBuy\u201d opinion from Barchart.Shares are up nearly 60% over the past year.Analyst sentiment is overwhelmingly positive, with multiple \u201cStrong Buy\u201d ratings and price targets up to $984, despite some valuation concerns.Today\u2019s Featured Stock<\/p>\n

Valued at $100.9 billion, McKesson (MCK)<\/a>\u00a0is a healthcare services and information technology company. McKesson operates through four segments: North American pharmaceutical, oncology and multispecialty, prescription technology solutions, and medical-surgical solutions.\u00a0<\/p>\n

What I\u2019m Watching<\/p>\n

I found today\u2019s Chart of the Day by using Barchart\u2019s powerful screening functions to sort for stocks with the highest technical buy signals; superior current momentum in both strength and direction; and a\u00a0Trend Seeker \u201cbuy\u201d signal<\/a>. I then used Barchart\u2019s\u00a0Flipcharts feature<\/a>\u00a0to review the charts for consistent price appreciation. MCK checks those boxes. Since the Trend Seeker signaled a new \u201cBuy\u201d on Sept. 23, the stock has gained 9.12%.<\/p>\n

www.barchart.com<\/a>Barchart Technical Indicators for McKesson<\/p>\n

Editor\u2019s Note:\u00a0The technical indicators below are updated live during the session every 20 minutes and can therefore change each day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the\u00a0Barchart.com website when you read this report. These technical indicators form the Barchart Opinion on a particular stock.<\/p>\n

McKesson hit an all-time high of $811.86 in intraday trading on Oct. 27.<\/p>\n

MCK has a Weighted Alpha of +52.53.McKesson has a 100% \u201cBuy\u201d opinion from Barchart.The stock gained 59.19% over the past year.MCK has its Trend Seeker \u201cBuy\u201d signal intact.The stock recently traded at $810.29 with a 50-day moving average of $734.34.McKesson has made 10 new highs and gained 6.53% in the last month.Relative Strength Index (RSI) is at 70.21.There\u2019s a technical support level around $803.12.Don\u2019t Forget the Fundamentals$100.9 billion market capitalization.23.94x trailing price-earnings ratio.0.4% dividend yield.Revenue is projected to grow 13.88% this year and another 8.26% next year.Earnings are estimated to increase 16.00% this year and an additional 13.37% next year.Analyst and Investor Sentiment on McKesson<\/p>\n

I don\u2019t buy stocks because everyone else is buying, but I do realize that if major firms and investors are dumping stock, it\u2019s hard to make money swimming against the tide.<\/p>\n

It looks like Wall Street analysts are high on McKesson and so are individual investors.<\/p>\n

The Wall Street analysts tracked by Barchart<\/a>\u00a0have issued 12 \u201cStrong Buys\u201d\u00a0and 5 \u201cHold\u201d opinions on the stock with price targets between $770 and $900.Value Line rates the stock \u201cHighest\u201d with a price target of $984 and comments: \u201cThe outlook for fiscal 2026 seems upbeat, too, with the company targeting share-earnings growth of 12%-14%.\u201dCFRA\u2019s MarketScope Advisor rates it a \u201cBuy\u201d with a price target of $860.Morningstar thinks the stock is 17% overvalued.1,801 investors following the stock on Motley Fool think the stock will beat the market while 117 think it won\u2019t.40,420 investors monitor the stock on Seeking Alpha, which rates the stock a \u201cStrong Buy\u201d and comments: \u201cMCK boasts strong growth and profitability metrics, coupled with excellent momentum and positive earnings revisions, reinforcing its Strong Buy rating despite mixed valuation signals.\u201dThe Bottom Line on McKesson<\/p>\n

Wall Street analysts have a \u201cStrong Buy\u201d opinion on the stock, and so do some of the advisory sites like Value Line. If you buy at this level, please keep your stop losses tight.<\/p>\n

Today\u2019s Chart of the Day was written by\u00a0Jim Van Meerten<\/a>.\u00a0Read previous editions of the daily newsletter here<\/a>.<\/p>\n

Additional disclosure:\u00a0The Barchart of the Day highlights stocks that are experiencing exceptional current price appreciation. They are not intended to be buy recommendations as these stocks are extremely volatile and speculative. Should you decide to add one of these stocks to your investment portfolio it is highly suggested you follow a predetermined diversification and moving stop loss discipline that is consistent with your personal investment risk tolerance.<\/p>\n

\n On the date of publication,<\/p>\n

Jim Van Meerten<\/a><\/p>\n

did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes.<\/p>\n

For more information please view the Barchart Disclosure Policy<\/p>\n

here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"McKesson (MCK) is trading at new all-time highs and has strong technical momentum.MCK has a 100% \u201cBuy\u201d opinion…\n","protected":false},"author":2,"featured_media":246356,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[49,48,84,392,33969],"class_list":{"0":"post-246355","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-healthcare","8":"tag-ca","9":"tag-canada","10":"tag-health","11":"tag-healthcare","12":"tag-n-a"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/246355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=246355"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/246355\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/246356"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=246355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=246355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=246355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}