McKesson lands on Goldman's Conviction Buy List

• Goldman Sachs adds McKesson (NYSE:MCK) to it Conviction Buy List.
• The big pullout from the Goldman note is that it doesn't view Amazon’s pharmacy business as an existential threat.
• "Further, we do not think AMZN's presence as an online pharmacy represents a significant risk to the wholesalers (we provide sensitivity analyses of the potential impact for the Distributors and Retailers within), and as a result see the pullback yesterday as a buying opportunity, particularly with MCK still trading close to 10-year relative lows versus the S&P and S&P HC index."
• https://seekingalpha.com/news/3637460-mckesson-lands-on-goldmans-conviction-buy-list