10 Best 52-Week High Stocks to Buy According to Analysts

3. Cardinal Health, Inc. (NYSE:CAH)

52 Week Range: $93.17 – $157.82

Current Share Price as of June 11: $153.50

Stock Upside Potential as of June 11:  9.42%

Cardinal Health (NYSE:CAH) is one of the best 52-week high stocks to buy, according to analysts. On June 10, analysts at TD Cowen reiterated a Buy rating and maintained a price target of $162 on the stock.

The analysts expect the company to increase its long-term pharmaceutical profit guidance from 5% to 7% from a previous guidance of 4% and 6%. Cardinal Health is also expected to introduce preliminary adjusted earnings per share guidance in the range of $9.15 to $9.45.

TD Cowen analyst also expects Cardinal Health to provide insights on how other segment businesses will contribute 18% of adjusted operating income. The company has entered into a distribution agreement with Citious Oncology to support the launch of FDA-approved immunotherapy LYMPHIR.

Cardinal Health (NYSE:CAH) is a global healthcare company that distributes pharmaceuticals and specialty products. It also manufactures and distributes medical and laboratory products.