CNBC February 13, 2025
Key Points
– CVS Health could be starting to turn itself around after a dismal 2024.
– Its shares are up more than 45% this year, outperforming pharmacy rival Walgreens and other insurers like UnitedHealth Group and Cigna.
– The company’s stock plummeted last year, largely due to higher-than-expected medical costs in its insurance unit that hurt its bottom line, but some analysts are more optimistic about the company’s ability to navigate that challenge moving forward.
After a dismal 2024, CVS Health could be starting to turn itself around.
Some investors seem convinced, especially after the retail drugstore chain on Wednesday posted a big beat on fourth-quarter earnings and a 2025 profit outlook that was in line with expectations....
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