SELECT * FROM future.stocks WHERE name like '%mckesson%' LIMIT 1; How To Buy Mckesson Stock ? - Grow Your Financial Portfolio

How To Buy Mckesson Stock

You can buy Mckesson shares with one of the brokers below depending on the type of trading you wish to conduct. You can buy Mckesson shares with a broker like eToro or you can trade Mckesson CFDs with XTB you can begin trading Mckesson shares right away.

If you are buying shares in UK or Europe eToro offer 0% free commission on stocks. This is a big eToro selling point.

when a client buys Mckesson stock at 1x leverage with eToro its completely free and they are buying the underlying stock. Also with eToro, clients can buy fractional shares – Min deposit is $200, but $50 is the minimum trade on stocks. eToro are one of the cheapest places to buy stocks.

Broker eToro XTB FP Markets City Index Trading212 Plus500
Rating
Used By 12,000,000+ 250,000+ 10,000+ 14,000+ 14,000,000+ 15,500+
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Scroll down to read our indepth article on How To Buy Mckesson Stock. What you should know, Types of trading Mckesson Stock and CFD's. Pros and Cons, everything is explained below.

How To Buy Mckesson Stock Table of Contents

Mckesson Financial Details

Financial Details

Mckesson Stock symbol MCK
Mckesson Sector and Industry Health Care Health Care Facilities & Svcs
Mckesson Exchange NYSE - New York Stock Exchange
52 Week High $156.97
52 Week Low $110.52
Mckesson Market Capitalisation $25,986,713,579.00
Mckesson Average Volume 1,144,736.00
Mckesson PE #N/A
Mckesson EPS -3.54
Stock Currency USD

Overview of Mckesson

Mckesson is an American Health Care Health Care Facilities & Svcs company currently traded on the NYSE which fully known as the New York Stock Exchange.

Mckesson trades under the stock symbol MCK on the NYSE.

Mckesson shares are exchanged in USD on the NYSE.

Mckesson has a current share price of $144.33 USD dated 31/01/2020.

The highest Mckesson share price over the last 52 weeks was $156.97 USD and its lowest price over the last 52 weeks was $110.52 USD. That is a 52 week price range of $110.52 - $156.97.

Mckesson Trading Volume and PE

Mckesson currently has 180,188,000.00 active shares in circulation traded through the NYSE exchange.

Mckesson market capitalization is $25,986,713,579.00 with an average daily trading volume of 1,144,736.00 shares.

Trading volume is the amount a security that was traded during over a certain duration. When talking about shares volume refers to the number of shares that have been bought and sold during a given day.

Mckesson has a Price Earning Ratio ( PE ) of #N/A and earning per share ( EPS ) of -3.54. Generally speaking Mckesson having a high P/E ratio means that Mckesson investors forsee increased growth with Mckesson in the future. The current average market P/E ratio is roughly 20 to 25 times earnings. Companies that are losing money do not have a P/E ratio.

Mckesson earnings per share is Disney company profit that's allocated to every Mckesson common stock. Earnings per share is calculated by taking the difference between Mckesson's net earnings and dividends paid for preferred stock and then dividing that amount by the average amount of Mckesson shares outstanding.

Mckesson Financial Charts

Financial Details

Mckesson Information

Mckesson Location & Contact Information

Address 1 Post Street Suite 3275 San Francisco, CA 94104 United States
Phone Number 1-415-983-8300
Website URL www.mckesson.com

Mckesson Executives and Board Members

President/CEO Dr Brian S Tyler
Pres:US Pharmaceutical & Specialty Solutions Bus Kirk Kaminsky
Exec VP/CFO Britt Vitalone
Mckesson Board Member Edward Arnold Mueller
Mckesson Board Member Marie L Knowles
Mckesson Board Member M Christine Jacobs

How To Buy Mckesson Stock Guide

Buying Mckesson Stocks and CFDs

When investing in Mckesson you have several options as to what type of investment you wish to conduct. You can buy traditional Mckesson shares with one of our listed brokers or you can trade what is known as CFDs or contracts for difference.

We explain in detail the difference between buying Mckesson shares with stock brokers and trading Mckesson with CFDs below.

Mckesson CFD Trading vs Traditional Share Dealing

CFD trading is quite much like stock trading except when you exchange a CFD you do not actually own any Mckesson stock.

If you buy Mckesson shares with a stock broker you actually own a share of Mckesson. When you trade a contract for difference (CFD) you have an agreement with your CFD broker and are speculating that the Mckesson price will change up or down.

Lets explain why you would buy Mckesson as a CFD instead of as a share.

If you went and brought 100 Mckesson shares at $100 a share with a stock broker you own $1000 of Mckesson.

The main difference when trading Mckesson as a CFD and buying Mckesson as a share is contracts for difference offer increased leverage.

Contracts for difference are traded on margin which means to have $1000 invested in Mckesson you would not need to invest the full amount as you would with a stock broker. You could invest a fraction of the amount ( known as the CFD margin ) with a CFD to hold a similar position in Mckesson. Trading an Mckesson CFD allows investors to hold larger positions than their invested amount. Be aware that although investing in an Mckesson CFD like this amplifies any potential profit. It always exaggerates your potential losses which may exceed your amount invested.

If you invested in an Mckesson share with a stock broker you would only lose the amount you invested as you pay the total cost of your position to your broker upfront. There is no leverage.

An Mckesson CFD long would be hoping to profit from a rise in the Mckesson share price. An Mckesson CFD short would be aiming to profit from a fall in the Mckesson stock price. Trading CFDs allows traders to profit from both directions of the Mckesson price on the financial exchange. Giving traders greater chance to move with the financial markets.

With traditional Mckesson shares you can only profit from a rise in the Mckesson stock price.

Mckesson CFD and Stock Market Times

When trading in traditional Mckesson shares you are limited to when the stock exchange is open. You can only buy and sell with your broker when the market is open.

With CFD trading you can deal 24/7 around the clock.

Buying Mckesson Shares with a Broker

Buying shares with a stock broker limits your risk to your initial investment as stock brokers require you to pay for the total amount of your investment. Stock brokers offer no leverage or loans when buying Mckesson stock. This limits your risk to your initial amount invested in Mckesson. You can only lose the amount invested with traditional Mckesson shares. Another benefit of buying Mckesson shares with a broker is that you may be eligible to receive Mckesson company dividends if applicable.

If you Invest in Mckesson via a CFD you have no shareholder privileges as you don't actually own any underlying assets in Mckesson. If you buy Mckesson stock with a broker you may receive shareholder perks and benefits. There are certain requirements to be eligible for some of these Mckesson benefits as in owning a certain amount of stock for a set period.

If you own shares in Mckesson you may be eligible to voting rights at Mckesson shareholder general meetings.

Mckesson Shares and CFDs and Tax

You should confirm with your local tax office but CFDs are free from stamp duty. When trading CFDs losses can be offset against profits when submitting your tax return.

Investment in Mckesson Stocks and shares are only exempt from tax if the Mckesson shares were brought through an ISA ( Individual Savings Accounts ) or SIPP ( Self Invested Personal Pensions ).

Should I trade Mckesson Stocks and Shares or Mckesson CFDs?

There are pros and cons to trading in both Mckesson Stocks and CFDs. Which is better depends on each investor and a few factors.

Investing in Mckesson stocks and shares is better suited for long term investments. Historically Mckesson shares provide better returns over the long term, usually a 10 year period.

Mckesson CFD trading is more suited to intra day and mid term traders. Wth intra day trading on an Mckesson share investors aim to profit on the fluctuating highs and lows of the Mckesson price throughout the day. Day trading as you can imagine focuses on profiting from the daily Mckesson stock price change.

Both types of trading have different benefits and risks. Make sure you have a good understanding of what you are doing before you invest.

With CFD trading as you can short or long an Mckesson stock you can hedge a trade against another trade.

A hedge is an investment that protects the money you have invested from risk. Traders hedge to minimize or offset a loss in value of an Mckesson share price for example to a known amount.

Example Cost of Buying Mckesson as a CFD Trade and Shares Side by Side

*All values below are estimates and are for illustrative purposes only. Please visit a broker for correct prices.

CFD and Share deals differ from broker to broker so check you are aware of the actual costs with your brokers.

Mckesson CFD trade example Mckesson Share deal example
Market price $144.33 $144.33
Broker Deal Invest $28.866 at 1:5 Margin (20%) Buy at $144.33 a share
Deal size 100 shares 100 shares
Initial outlay

$2886.6

(Margin = exposure x 20% margin factor)

$14433

(100 shares at $144.33)
Stamp duty No £20
Close price Sell at $173.196 Sell at $173.196
Estimated Profit

(28.866 point increase x 100 shares = $2886.6)

*Not including commission fees and taxes

($17319.6 - $14433 = $2886.6)

*Not including commission fees and taxes
Trade Mckesson CFDs now with XTB Trade Mckesson Shares now with Etoro

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Mckesson shares and CFDs.

We compare multiple aspects of brokers to help you make a more education decision when investing in Mckesson.