CPI, the Consumer Price Index, is a metric used to gauge the rate of inflation and deflation. It’s released by the Bureau of Labor Statistics (BLS) and reports the monthly fluctuations in consumer goods and services prices.The CPI is a market-moving metric in that when it shows a deflation rate compared to the previous year, the market tends to react positively. On the other side, if it’s reported that inflation rose compared to the year before, this can negatively affect investors.The Consumer Price Index ...

Cardinal Health (CAH) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this prescription drug distributor have returned -3.2%, compared to the Zacks S&P 500 composite's +1.6% change. During this period, the Zacks Medical - Dental Supplies industry, which Cardinal falls in, has lost 0.4%. The key question now is: What could be the stock ...

Cardinal Health (CAH) closed the most recent trading day at $109.47, moving -0.41% from the previous trading session. This change lagged the S&P 500's 0.04% loss on the day. Meanwhile, the Dow lost 0.03%, and the Nasdaq, a tech-heavy index, added 0.03%.Heading into today, shares of the prescription drug distributor had lost 4.56% over the past month, lagging the Medical sector's loss of 0.6% and the S&P 500's gain of 2.57% in that time.The investment community will be closely monitoring the performance of C ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Cardinal Health (CAH) , which belongs to the Zacks Medical - Dental Supplies industry, could be a great candidate to consider.When looking at the last two reports, this prescription drug distributor has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 20.12%, on average, in the last two quarters.For the las ...

Cardinal Health Inc. (CAH) is well-poised for growth, given its acquisition-driven strategy, a diversified product portfolio and a robust pharmaceutical segment. However, inflationary pressure remains a concern.Shares of this Zacks Rank #2 (Buy) company have rallied 39.7% compared with the industry's growth of 9.5%. The S&P 500 Index has increased 25.4% in the same time frame.CAH, with a market capitalization of $27.1 billion, is a nationwide drug distributor and service provider to pharmacies, healthcare p ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Score ...

Investors care about the bottom line. What does this mean? Well, we want to be looking for companies that are making a profit and growing their earnings at an appealing rate over time. There’s not much appeal in investing in a company that doesn’t have great prospects for improving its earnings. It’s also not too enticing to put our money in a company that can make great revenue but can’t manage to hang on to any of it after all of its costs.Although there are occasions when it can be crucial for companies ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Styl ...

DUBLIN, Ohio, March 15, 2024 /PRNewswire/ -- Cardinal Health (NYSE: CAH) today announced that the company has received approval by the Science Based Targets initiative (SBTi) for its near-term science-based greenhouse gas (GHG) emissions reduction targets. Targets are considered science-based if they align with what the latest climate science says is necessary to limit global warming to 1.5°C above pre-industrial levels. "We are committed to reducing our impact on the environment and contributing to a more ...

Undervalued stocks are typically always a solid investment option in a bullish or bearish market due to the fact that they offer considerable upside. Solid fundamentals are the backbone of a company’s overall success. Some stocks may be able to experience growth for a select period of time due to increased investor interest, but for long-term stable returns, companies with consistent earnings potential will always be a much better option.Here are a few solid companies from multiple sectors that have seen a ...