Can Cardinal Health Fly Higher In 2023?
Key Points Cardinal Health updated guidance, and analysts cheer.The analysts are raising their price targets and may push the market to a new all-time high in 2023.Share repurchases worth 10% of the market cap will help support the action over the next 2 years.5 stocks we like better than Cardinal HealthShares of Cardinal Health (NYSE:CAH) have nearly doubled over the last year and are leading the S&P 500 in 2023, but the gains are not over. The company updated its outlook at the recent investor day, and the details are bullish for the market. The takeaway is that profitability is on the rise,...