The current "McKesson stock price" is trading around $570, hovering near its 52-week high after a strong earnings beat in Q2 FY This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward. With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for McKesson. As of today, "McKesson stock price" is slightly up by 0.8%, outperforming the broader S&P 500 healthcare sector. Market sentiment is supported by higher prescription volumes and robust oncology drug distribution services. Analysts forecast moderate upside potential if inflation pressures ease.
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