Investment Thesis
McKesson is a leading pharma distributor and healthcare technology provider. Scale distribution, oncology practice support, and specialty logistics underpin steady cash flow and growing share repurchases.
- Specialty Focus: Oncology and biopharma services deepen wallet share beyond distribution.
- Technology & Analytics: CoverMyMeds and data solutions streamline specialty access and adherence.
- Capital Discipline: Asset-light model generates cash for dividends and large buybacks.