Cardinal Health, Inc. (NYSE:CAH)

CAPS Rating: 4 out of 5

The Company is a provider of products and services that improve the safety and productivity of healthcare.

Recs

0
Player Avatar DrGoldin (99.71) Submitted: 3/28/2013 1:31:10 AM : Underperform Start Price: $41.75 CAH Score: -8.13

Here I was with a positive call on CAH until just about ten days ago. Then came the smashing news that they failed to extend their contract with WAG, being replaced by ABC. Now they have to make sure they can renew their contract with CVS--or else they'll really get hammered--and that right there puts them in a weak bargaining position. This company is going to lose literally billions in market cap within a period of months.

Member Avatar DrGoldin (99.71) Submitted: 4/29/2013 2:42:03 PM
Recs: 0

OK, they were able to renew their contract with CVS after all. So this one was a mistake. Fortunately I only lost a few points on it.

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