12 Best Healthcare Stocks to Buy Now

4. McKesson Corporation (NYSE:MCK)

Year to Date Performance as of June 16: 28.61%

Hedge Fund Holding: 70

McKesson Corporation (NYSE:MCK) is one of the 12 best healthcare stocks to buy now. On June 11, Morgan Stanley reiterated the stock’s ‘Overweight’ rating and increased the price target to $770 from $745. The adjustment follows a discussion with the executive team that left the research firm optimistic about the company’s growth prospects.

According to Morgan Stanley, McKesson is benefiting from enhanced operational performance. Consequently, it remains confident that the company will achieve its fiscal year 2026 earnings per share forecast of $37.31. The bullish outlook underscores the expected improvement in adjusted operating income across various segments.

McKesson Corporation (NYSE:MCK) is a global healthcare company that operates through four main business segments: US Pharmaceutical, Rx Technology Solutions, Medical-Surgical Solutions, and Global Operations. It provides healthcare information technology, medical supplies, and health management tools.