After a two-week hiatus from the Pick of the Week, this week’s pick is McKesson Corporation (MCK). MCK distributes pharmaceuticals, provides technology solutions to medical practices, and offers third-party logistics solutions within the medical community. It’s also coming off 13.1% dip and recently increased its dividend by 15%. Unlike CVS, a pick from October 2022 that hasn’t done well, it doesn’t have a retail segment and has increased 176.0% in the past three years.
The last few weeks have been a roller coaster, and last week was on the upside with the S&P 500 gaining a whopping 3.9%. Three of our past picks did exceptionally well during the week:
Nvidia (NVDA) +18.9%
Ulta Beauty (ULTA) + 17.1
Zscaler (ZS) +10.6
Have a great week!
Chris
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