BUY Conviction3/5 Analysis quality65/100 now
The YouTuber identifies Cardinal Health as a 'forever stock' due to its position in the medical distribution industry, where it, along with AmerisourceBergen and McKesson, controls 90% of the pharmaceutical wholesale market. This market dominance provides stable sales that are resilient even in a recession, and the company pays a 3.7% dividend.
“a cardinal is one of my favorite forever stocks up almost three percent so far this year and pays a 3.7 percent dividend between amerisource bergen a cardinal health and mckesson these three companies alone control ninety percent of the pharmaceutical wholesale market in the country”