We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Zacks Investment Ideas feature highlights: McKesson, Cardinal Health and Super Micro Computer
Read MoreHide Full Article
For Immediate Release
Chicago, IL – December 2, 2022 – Today, Zacks Investment Ideas feature highlights McKesson Corp. (MCK - Free Report) , Cardinal Health, Inc. (CAH - Free Report) and Super Micro Computer, Inc. (SMCI - Free Report) .
3 Stocks Silently Outperforming Energy in 2022
It's no secret that energy has been the best place to hide out in 2022, with many stocks in the realm outperforming the general market and providing investors with impressive gains.
While the relative strength that stocks in the Zacks Oils and Energy sector have displayed is undoubtedly impressive, some investors may be surprised that there are plenty of stocks outperforming the sector in 2022, including McKesson Corp., Cardinal Health, Inc. and Super Micro Computer, Inc.
As we can see, all three stocks have outperformed the sector by fair margins (especially SMCI), entirely shrugging off the general market's woes. Let's take a closer look at each one.
Cardinal Health, Inc.
Cardinal Health is a nationwide drug distributor and provider of services to pharmacies, healthcare providers, and manufacturers. The company has two reporting segments: Pharmaceutical and Medical.
Undoubtedly a major positive, Cardinal Health belongs to the elite Dividend Aristocrat group; Dividend Aristocrats are classified as companies with at least 25 consecutive annual dividend increases.
CAH's annual dividend currently yields roughly 2.5%, above its Zacks Medical sector by a fair margin. In 2022, dividends have become a hot topic, helping shield investors.
The company has a solid growth profile as well, with earnings forecasted to climb 4.2% in its current fiscal year (FY23) and a further 14% in FY24.
The projected earnings growth comes on top of forecasted Y/Y revenue upticks of 9% in FY23 and 7.3% in FY24.
McKesson Corp.
McKesson Corp. is a healthcare services and information technology company operating through two segments: Distribution Solutions and Technology Solutions.
Analysts have modestly upped their earnings outlook across all timeframes over the last several months, helping land MCK into a favorable Zacks Rank #2 (Buy).
The company does pay a small dividend; MCK's annual dividend yield currently comes in at 0.6%, below its Zacks Medical sector by a fair margin.
Still, it's worth noting that the company's payout has grown by nearly 8% over the last five years, helping pick up the slack.
Super Micro Computer, Inc.
Super Micro Computer designs, develops, manufactures, and sells energy-efficient, application-optimized server solutions based on the x86 architecture.
Like MCK, analysts have taken a bullish stance on the company's earnings outlook as of late, pushing the stock into the highly-coveted Zacks Rank #1 (Strong Buy).
It's hard to ignore the company's earnings performance; SMCI has exceeded revenue and earnings estimates in ten consecutive quarters.
Just in its latest release, the company registered a 9.3% earnings beat paired with a 2.9% sales surprise. SMCI has a favorable revenue trend.
Bottom Line
While the general market has struggled in 2022, the Zacks Oils and Energy sector has undoubtedly been the brightest spot, rewarding investors with considerable gains.
Still, there are many stocks outside of the sector snapping the overall bearish trend, including McKesson Corp., Cardinal Health, Inc. and Super Micro Computer, Inc.
All three have outperformed energy in 2022, indicating that bulls have roamed freely after getting shut out by the rest of the market.
Why Haven't You Looked at Zacks' Top Stocks?
Our 5 best-performing strategies have blown away the S&P's impressive +28.8% gain in 2021. Amazingly, they soared +40.3%, +48.2%, +67.6%, +94.4%, and +95.3%. Today you can access their live picks without cost or obligation.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Zacks Investment Ideas feature highlights: McKesson, Cardinal Health and Super Micro Computer
For Immediate Release
Chicago, IL – December 2, 2022 – Today, Zacks Investment Ideas feature highlights McKesson Corp. (MCK - Free Report) , Cardinal Health, Inc. (CAH - Free Report) and Super Micro Computer, Inc. (SMCI - Free Report) .
3 Stocks Silently Outperforming Energy in 2022
It's no secret that energy has been the best place to hide out in 2022, with many stocks in the realm outperforming the general market and providing investors with impressive gains.
While the relative strength that stocks in the Zacks Oils and Energy sector have displayed is undoubtedly impressive, some investors may be surprised that there are plenty of stocks outperforming the sector in 2022, including McKesson Corp., Cardinal Health, Inc. and Super Micro Computer, Inc.
As we can see, all three stocks have outperformed the sector by fair margins (especially SMCI), entirely shrugging off the general market's woes. Let's take a closer look at each one.
Cardinal Health, Inc.
Cardinal Health is a nationwide drug distributor and provider of services to pharmacies, healthcare providers, and manufacturers. The company has two reporting segments: Pharmaceutical and Medical.
Undoubtedly a major positive, Cardinal Health belongs to the elite Dividend Aristocrat group; Dividend Aristocrats are classified as companies with at least 25 consecutive annual dividend increases.
CAH's annual dividend currently yields roughly 2.5%, above its Zacks Medical sector by a fair margin. In 2022, dividends have become a hot topic, helping shield investors.
The company has a solid growth profile as well, with earnings forecasted to climb 4.2% in its current fiscal year (FY23) and a further 14% in FY24.
The projected earnings growth comes on top of forecasted Y/Y revenue upticks of 9% in FY23 and 7.3% in FY24.
McKesson Corp.
McKesson Corp. is a healthcare services and information technology company operating through two segments: Distribution Solutions and Technology Solutions.
Analysts have modestly upped their earnings outlook across all timeframes over the last several months, helping land MCK into a favorable Zacks Rank #2 (Buy).
The company does pay a small dividend; MCK's annual dividend yield currently comes in at 0.6%, below its Zacks Medical sector by a fair margin.
Still, it's worth noting that the company's payout has grown by nearly 8% over the last five years, helping pick up the slack.
Super Micro Computer, Inc.
Super Micro Computer designs, develops, manufactures, and sells energy-efficient, application-optimized server solutions based on the x86 architecture.
Like MCK, analysts have taken a bullish stance on the company's earnings outlook as of late, pushing the stock into the highly-coveted Zacks Rank #1 (Strong Buy).
It's hard to ignore the company's earnings performance; SMCI has exceeded revenue and earnings estimates in ten consecutive quarters.
Just in its latest release, the company registered a 9.3% earnings beat paired with a 2.9% sales surprise. SMCI has a favorable revenue trend.
Bottom Line
While the general market has struggled in 2022, the Zacks Oils and Energy sector has undoubtedly been the brightest spot, rewarding investors with considerable gains.
Still, there are many stocks outside of the sector snapping the overall bearish trend, including McKesson Corp., Cardinal Health, Inc. and Super Micro Computer, Inc.
All three have outperformed energy in 2022, indicating that bulls have roamed freely after getting shut out by the rest of the market.
Why Haven't You Looked at Zacks' Top Stocks?
Our 5 best-performing strategies have blown away the S&P's impressive +28.8% gain in 2021. Amazingly, they soared +40.3%, +48.2%, +67.6%, +94.4%, and +95.3%. Today you can access their live picks without cost or obligation.
See Stocks Free >>
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
support@zacks.com
https://www.zacks.com
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release.