And finally, Cardinal Health expects fiscal year 2019 non-GAAP EPS to grow by at least high-single-digits compared to fiscal year 2018. Investors are more concerned about the near-term developments today, though. Now what Tuesday’s move was influenced by two things: The expectation for current-year earnings to come in at the low end of guidance, and the expectation that the pharmaceutical segment will continue to stare down headwinds from generic drug pricing for at least another year. That’s what makes the product portfolio acquisition from Medtronic intriguing for long-term investors. It will have an immediate beneficial impact and help to diversify the company’s business for the long haul. Right now, Mr. Market doesn’t appear to be willing to wait around for a more detailed update during next month’s earnings announcement. 10 stocks we like better than Cardinal Health When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now… and Cardinal Health wasn’t one of them! That’s right — they think these 10 stocks are even better buys.
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