McKesson's most recent trend suggests a bullish bias. One trading opportunity on McKesson is a Bull Put Spread using a strike $190.00 short put and a strike $185.00 long put offers a potential 23.46% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $190.00 by expiration. The full premium credit of $0.95 would be kept by the premium seller. The risk of $4.05 would be incurred if the stock dropped below the $185.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for McKesson is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for McKesson is bullish.
The RSI indicator is at 61.26 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for McKesson
Quest Diagnostics (DGX) Divests Minority Share of Q2 Solutions
Mon, 05 Apr 2021 13:49:01 +0000
Quest Diagnostics' (DGX) divestment of Q2 solutions to IQVIA will allow IQVIA to lead Q2 Solutions on the next stage of its journey in central lab services as a global leader.
The Zacks Analyst Blog Highlights: Becton, Dickinson and Co, Hill-Rom Holdings, Owens & Minor, McKesson Corp and Meridian Bioscience
Mon, 05 Apr 2021 11:27:11 +0000
The Zacks Analyst Blog Highlights: Becton, Dickinson and Co, Hill-Rom Holdings, Owens & Minor, McKesson Corp and Meridian Bioscience
10 Best Stocks To Buy According To Billionaire Larry Robbins
Sat, 03 Apr 2021 14:56:28 +0000
In this article we presented 10 best stocks to buy according to billionaire Larry Robbins. Click to skip our detailed discussion on Robbins’ investment strategy and see 5 Best Stocks To Buy According To Billionaire Larry Robbins. Larry Robbins is an American billionaire and hedge fund manager who founded Glenview Capital Management in 2000. As […]
McKesson Corporation to Announce Fourth Quarter Fiscal 2021 Results on May 6, 2021
Thu, 01 Apr 2021 20:10:00 +0000
McKesson Corporation (NYSE: MCK) will release its fourth quarter fiscal 2021 financial results after market close on Thursday, May 6, 2021. The company will host a live webcast of the earnings conference call for investors at 4:30 PM Eastern Time to review its financial results.
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Thu, 01 Apr 2021 15:38:37 +0000
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