Cardinal Health outperforms S&P 500 but isn't enticing

seekingalpha.com

Cardinal Health is a major player in the U.S. healthcare sector. Recently, its stock has been performing well compared to the overall market, particularly the S&P 500 index. This marks a shift, as healthcare stocks have lagged behind for the past year. Despite its strong performance, analysts caution that the stock's current valuation may not be attractive. They believe that while investing in Cardinal Health might be seen as safe, potential investors should be aware of pricing concerns. No one involved in the analysis has a financial stake in the company. They are not planning to buy shares soon and emphasize that past success does not guarantee future results. Investors are advised to conduct their own research before making decisions.


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