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Is AmerisourceBergen's Pullback a Buying Opportunity?

·2 min read
Is AmerisourceBergen's Pullback a Buying Opportunity?
In this article:
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A sell-side firm told clients Tuesday that AmerisourceBergen was a recession proof stock that should be bought. Let's check out the charts and indicators of this drug wholesale company. In this daily bar chart of ABC, below, we can see that prices have been pulling back from their April peaks.