MarketBeat January 23, 2023
Key Points
- CVS Health is a provider and payor of health care services offering Minute Clinic and Medicare Advantage Plans.
- The Company saw growth in all its segments except for Retail due to the decrease in COVID tests and vaccinations.
- CVS Health shares are trading near their 52-week lows at 10X forward earnings with a 2.78% annual dividend yield
Pharmacy, insurance, and healthcare services provider CVS Health Corporation (NYSE: CVS) shares are trading near 52-week lows despite the recent rally in the benchmark indices. The Company has evolved from a drug store chain into an integrated healthcare company offering healthcare provider and payor services.
It competes with Walgreens Boots Alliance Inc. (NYSE: WBA) and Rite-Aid...
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