AmerisourceBergen Corporation - I'm bearish h ere at FinGad.com

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AmerisourceBergen Corporation - I'm bearish h ere

Categorie: Equities
Submitted 12 months ago by

Felicia , Small Investor at Self Employed

S&P500 Stock - AmerisourceBergen Corporation (NYSE: ABC) Its the retail story- But caution advised This industry comprises establishments known as pharmacies and drug stores engaged in retailing prescription or non-prescription drugs and medicines. The Pharmacy and Drug Store industry in the US retails a range of prescription and over the counter (OTC) medicines, apothecaries, health and beauty items such as vitamin supplements, cosmetics and toiletries as well as offering photo processing services. Major industry supplies are sourced from the Drug and Druggist Sundries Wholesale industry, the Toilet Preparation Manufacturing industry, the Soap and Other Cleaning Compounds Manufacturing industry, and the Photographic Equipment and Supplies Wholesale industry. AmerisourceBergen is in the drug retailing industry. National Association of Chain Drug Stores study reveals doctors give prescription to four out of every five patients they diagnose. Prescription drug sales were at a record $250 billion and this is expected to go up by another 75 percent in the next five years. Traditional drug stores, Mail order, Independent stores, Supermarket and mass merchants are the traditional avenues for drug retailing. Sales DistributionAmeriSource Health Corporation and Bergen Brunswig Corporation merged to form AmerisourceBergen Cor... More...

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