Morning Research: Cardinal Health Inc., McKesson Corp., AmerisourceBergen Corp., and Omnicare Inc.
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LONDON, November 25, 2013 /PRNewswire/ --
On Friday, November 22, 2013, all three indexes of the US equity market edged higher. The S&P 500 ended the day at 1,804.76, up 0.50%; the Dow Jones Industrial Average closed at 16,064.77, up 0.34%; and the NASDAQ Composite finished at 3,991.65, up 0.57%. Shares in the drugs wholesale industry mostly ended on a higher note, tracking gains in the broader market. The major movers in the industry included Cardinal Health Inc. (NYSE: CAH), McKesson Corp. (NYSE: MCK), AmerisourceBergen Corp. (NYSE: ABC), and Omnicare Inc. (NYSE: OCR). AAAResearchReports.com has released full comprehensive research on CAH, MCK, ABC, and OCR. These free technical analyses can be downloaded by signing up at:
http://www.aaaresearchreports.com/register/
Cardinal Health Inc.'s stock hit a new 52-week high of $65.45 on Friday, before declining to close the day 0.50% lower at $65.02. The company's shares oscillated between $64.73 and $65.45 during the trading session. A total of 3.28 million shares were traded, which is above the daily average volume 2.74 million. Despite Friday's losses, the company's shares have surged 18.18% in the last one month and 26.89% in the previous three months, outperforming the S&P 500, which has advanced 2.56% and 8.49% during the respective periods. Furthermore, Cardinal Health Inc.'s stock is trading above its 50-day and 200-day moving averages of $57.09 and $49.68, respectively. Download free report on CAH upon registration at:
http://www.AAAResearchReports.com/CAH112513.pdf
On Friday, McKesson Corp.'s stock rose 1.68%, hitting a new 52-week high of $164.00. The company's shares oscillated between $160.43 and $164.00 before closing the day at $163.61. A total of 1.70 million shares were traded, which is above the daily average volume of 1.51 million. The company's shares have gained 33.07% in the previous three months and 9.07% in the last one month, outperforming the S&P 500, which has gained 8.49% and 2.56% during the respective periods. Further, McKesson Corp.'s stock is trading above its 50-day and 200-day moving averages of $144.46 and $121.52, respectively. MCK technical report can be accessed for free by signing up at:
http://www.AAAResearchReports.com/MCK112513.pdf
AmerisourceBergen Corp.'s stock advanced on Friday, hitting a new 52-week high of $70.19. The company's shares closed the day 0.33% higher at $70.02, after vacillating between $69.79 and $70.19 during the trading session. A total of 1.31 million shares were traded, which is at par with the daily average volume. The company's shares have gained 8.32% in the last one month and 21.88% in the previous three months, compared to a gain of 2.56% and 8.49% in the S&P 500 during the respective periods. Moreover, AmerisourceBergen Corp.'s stock is trading above its 50-day and 200-day moving averages of $64.56 and $56.80, respectively. The free report on ABC can be downloaded by signing up now at:
http://www.AAAResearchReports.com/ABC112513.pdf
Shares in Omnicare Inc. edged higher on Friday, closing the day at $57.46, up 0.23%, after oscillating between $57.18 and $57.49 during the trading session. A total of 0.82 million shares were traded, which is below the daily avrage volume of 1.07 million. The company's shares have gained 6.78% in the previous one month, outperforming the S&P 500, which has advanced 2.56% during the same period. Furthermore, Omnicare Inc.'s stock is trading near its 52-week high of $58.11 and also above its 50-day and 200-day moving averages of $56.01 and $48.71, respectively. A free report on OCR can be accessed by registering at:
http://www.AAAResearchReports.com/OCR112513.pdf
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