Landstar Systems provides truck services through dry and specialty vans of various sizes, unsided/platform trailers, temperature-controlled vans and containers; rail intermodal services through contracts with domestic and Canadian railroads; and domestic and international air and ocean services. This segment serves the automotive parts and assemblies, consumer durables, building products, metals, chemicals, foodstuffs, heavy machinery, retail, electronics and military equipment industries.
Its Insurance segment provides risk and claims management services, and it reinsures risks of the company’s independent contractors. The company markets its services through independent commission sales agents and third-party capacity providers.
Landstar Systems stock comes with a dividend of 0.61%. The company is expected to raise the dividend to $0.30 per share. Raymond James has set a $215 price target, while the consensus target is just $179.33. Monday’s close was at $203.05.
McKesson
This is a health care idea for investors that want to start or add to a position in the sector. McKesson Corp. (NYSE: MCK) is the largest drug distributor in the United States, as well as having sizable businesses in Canada and Europe, including distribution and retail pharmacy assets. The company is also the largest medical-surgical distributor to the non-acute care market and offers various supply chain services and technology, although recently divested its clinical health IT platform.
McKesson’s U.S. Pharmaceutical segment distributes branded, generic, specialty, biosimilar and over-the-counter pharmaceutical drugs and other health-care-related products. The Prescription Technology Solutions segment operates in the health care delivery system to connect pharmacies, providers, payers and biopharma for next-generation patient access and adherence solutions.
The International segment provides drug distribution services, specialty pharmacy and retail and infusion care services. Lastly, the Medical-Surgical Solutions segment distributes medical-surgical supplies and provides logistics and other services to health care providers.
Investors currently receive a 0.53% dividend. but the $0.54 per share payout is expected to rise to $0.58. The BofA Securities price objective is $485, and McKesson stock has a consensus target of $450.79. Monday’s closing share price was $413.18.
Voya Financial
This top-rated financial is perhaps among the best value of the bunch as the sector has wobbled some this year. Voya Financial Inc. (NYSE: VOYA) operates as a retirement, investment and employee benefits company in the United States.
Its Wealth Solutions segment offers tax-deferred employer-sponsored retirement savings plans and administrative services; individual retirement accounts and other retail financial products and services; and financial planning and advisory services. This segment serves corporate, education, health care and other nonprofit and government entities, as well as institutional and individual customers.
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