Technical Analysis on AmerisourceBergen and McKesson -

Technical Analysis on AmerisourceBergen and McKesson - Wholesale Drug
Companies Taking Good With the Bad 
NEW YORK, NY -- (Marketwire) -- 11/08/12 --   Companies in the
wholesale drug industry, such as AmerisourceBergen and McKesson, have
been doing an admirable job of late. Sales for many companies in the
industry have contracted in recent quarterly reports, as the impact
of lower priced generics take their toll. However, earnings have not
followed the same trend in some cases, as select companies have
effectively cut costs and improved margins. initiated
technical analysis on AmerisourceBergen Corporation (NYSE: ABC) and
McKesson Corp. (NYSE: MCK). These reports are free upon registration
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With the major shift from brand-to-generic drugs continuing,
companies that have a diversified portfolio of products could be
better equipped to deal with the continued patent expirations. A wide
range of product offerings are also a plus during times of economic
uncertainty, as companies do not have to rely on the success of only
a handful of products. In recent weeks, Drug wholesaler McKesson made
steadfast their decision to acquire PSS World Medical in a bid to
boost its portfolio of medical supplies and to develop its
distribution. Our technical analysis on McKesson is available at  
Also working in favor of the industry is the ageing baby-boomer
population. The U.S. is currently witnessing 10,000 baby boomers per
day crossing the 65-year-old mark, and this trend will continue for
more than fifteen years. With older people generally requiring more
medical attention, the industry could be well positioned for growth
moving forward. Companies like AmerisourceBergen should also be able
to take full advantage of the expanded healthcare coverage. Read our
technical analysis on AmerisourceBergen at  
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