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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (17643)11/19/2003 3:56:58 PM
From: Paul Senior  Read Replies (2) | Respond to of 78752
 
Of the big three drug distributor type companies, CAH, ABC, and MCK, MCK seems to be having its stock move in opposite direction from the other two:

finance.yahoo.com

I'll diversify my position in the sector by buying an exploratory amount of MCK.

Current p/e is under 14, with forward p/e now estimated (by Yahoo) about 11.4. In past, stock has often sold at higher p/sales than current .13. I look for the stock, now at $29 + -, to top $40 within two years. Not a particularly great percentage gain with that; otoh MCK's past good results and decent size and financials offer some suggestion of safety (maybe).

Paul Senior