Latest Articles
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What’s Next For CVS Health Stock After A Solid Q3?
CVS stock (NYSE: CVS) is up 15% in a month, outperforming the broader S&P500 index, up 6%. The rise in CVS stock can be attributed to the solid Q3 results it reported last week. Its top and bottom line were well above our estimates, driven...
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Will CVS Health Stock Rise Post Q3 Results?
CVS Health (NYSE: CVS) is scheduled to report its Q3 2022 results on Wednesday, November 2. We expect CVS stock to trade lower post the results announcement, with Q3 revenue and earnings likely falling below the consensus estimates, primarily ...
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What’s Next For CVS Health Stock After A Downgrade For Its Medicare Plan?
CVS Health stock (NYSE: CVS) has seen a 14% fall in a month, while it was down 10% last week. This compares with an 11% fall for the broader S&P500 index in a month and a 1% decline last week. The fall for CVS, particularly, can be attribut...
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CVS Health Stock Is A Better Pick Over This Giant Retailer
We believe that CVS Health stock (NYSE: CVS) is currently a better pick over its competitor Walmart stock (NYSE: WMT), given its better prospects and a comparatively lower valuation of 0.4x trailing revenues vs. 0.6x for Walmart. This val...
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What’s Next For CVS Health Stock After An Upbeat Q2?
CVS Health stock (NYSE: CVS) reported its Q2 results last week, with revenue and earnings comfortably above ours and the street estimates. CVS stock has rallied around 2% in a week, while it’s up 10% in a month. Despite the recent rise, we bel...
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What To Expect From CVS Health’s Q2?
CVS Health (NYSE: CVS) is scheduled to report its Q2 2022 results on Wednesday, August 3. We expect CVS stock to trade higher post the results announcement, with Q2 revenue and earnings likely being above the consensus estimates, primarily dri...
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What’s Driving The Growth For CVS Health Stock?
After over a 12% fall year-to-date, at the current levels, we believe CVS Health stock (NYSE: CVS) can see higher levels. CVS stock fell from $104 in early January to $91 now. The YTD -12% return for CVS marks an outperformance with -22% return...
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Is There A Better Pick Over Medtronic Stock?
We think that CVS Health stock (NYSE: CVS) is currently a better pick than Medtronic stock (NYSE: MDT), given CVS’s better prospects and comparatively lower valuation. CVS stock trades at a P/S ratio of 0.4x, compared to 4.4x for MDT st...
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What To Expect From CVS Health’s Q1?
CVS Health (NYSE: CVS) is scheduled to report its Q1 2022 results on Wednesday, May 4. We expect CVS stock to trade sideways post the results announcement, with Q1 revenue and earnings likely being in-line with the consensus estimates. The ove...
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Is CVS Health Stock A Better Pick Over This Retailer?
We believe that CVS Health stock (NYSE: CVS) currently appears to be an attractive pick over its peer Target stock (NYSE: TGT) due to its comparatively lower valuation and better prospects. CVS trades at about 0.5x trailing revenues, compare...
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Company Of The Day: CVS Health
What? CVS Health (NYSE:CVS) posted a stronger than expected set of Q4 2021 results, with revenue rising 10% year-over-year to $76.6 billion and adjusted EPS coming in at $1.98. However, the company’s outlook for 2022 was mixed, as it redu...
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What Next For CVS Health Stock Following Q4 Results?
[Updated: Feb 8, 2022] CVS Q4 Earnings Preview CVS Health (NYSE: CVS) is scheduled to report its Q4 2021 results on Wednesday, Feb 9. We expect CVS stock to trend lower post its Q4 results with revenue and earnings expected to be below the con...
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Should You Buy CVS Health Stock Over This Retailer?
We believe that CVS Health stock (NYSE: CVS) currently appears to be an attractive pick over its peer Walmart stock (NYSE: WMT), due to its comparatively lower valuation and better growth prospects. CVS trades at about 0.5x trailing revenues...
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CVS Health Stock Appears To Be Fully Valued At Its Current Levels
[Updated: Dec 14, 2021] CVS Stock Rise The stock price of CVS Health (NYSE: CVS) has outperformed the broader indices. While the S&P500 index has seen a rise of 10% over the last six months, CVS stock is up around 17%. This also compares w...
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What’s Happening With CVS Health Stock?
[Updated: Nov 19, 2021] CVS Stock Update The stock price of CVS Health (NYSE: CVS) rose 3% yesterday after the company announced that it will close 900 of its stores, reflecting 9% of its total stores in the U.S. The company will focus on addi...
