3 reasons why the Sigma Healthcare share price could be a buy

A senior pharmacist talks to a customer at the counter in a shop.

Image source: Getty Images

The Sigma Healthcare Ltd (ASX: SIG) share price could be a really appealing investment for a number of reasons.

The business may still have the name of Sigma Healthcare, but the biggest profit generator within the business is now Chemist Warehouse, which is the biggest pharmacy business in Australia. It also owns Amcal, Discount Drug Stores, and Optometrist Warehouse.

Following the merger earlier this year between Sigma Healthcare and Chemist Warehouse, I think the business is a compelling opportunity. Let’s get into why I’m optimistic.

Defensive earnings

With the current uncertainty because of global events, some investors may be drawn to the defensive nature of the business.

I think most Chemist Warehouse…

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