Professional
Added to YB: 2024-07-05
Pitch date: 2024-03-31
CVS [bullish]
CVS Health Corporation
+7.24%
current return
Author Info
No bio for this author
Company Info
CVS Health Corporation provides health solutions in the United States. It operates through Health Care Benefits, Health Services, and Pharmacy & Consumer Wellness segments.
Market Cap
$77.0B
Pitch Price
$74.06
Price Target
N/A
Dividend
4.37%
EV/EBITDA
8.60
P/E
14.51
EV/Sales
0.39
Sector
Health Care Providers and Services
Category
turnaround
Ariel Investments Global New Portfolio Holding: CVS Health Corporation
CVS: Healthcare giant bought on dip after PBM law concerns & Medicare Advantage pricing issues. Attractive entry post-lowered 2024 outlook. PBM fears easing, Medicare utilization stabilizing. Opportunity to capitalize on temporary setbacks in company poised for rebound.
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