Thursday, 16 January 2020

CVS Health Stock has strong gains over the year


Often times, CVS Health (CVS) stock outpaces the average stock market gains. Keep an eye on the S&P 500 % gain on the day, Dow % gain on the day and Nasdaq % gain on the day.

CVS will certainly want to show much strength as it comes closer to its next earnings release. This earnings release is expected to be on February 12, 2020. Many analysts expect the company to report EPS of $1.68, down 21.5% from the prior-year quarter. Investors, keep an eye on recent changes to analyst estimates for CVS.


CVS Health is an interesting American healthcare company that owns CVS Pharmacy, a retail pharmacy chain, CVS Caremark, a pharmacy benefits manager, Aetna, a health insurance provider, among many other brands. The company's headquarters are in Woonsocket, Rhode Island, USA. The stock of CVS Health is: CVS (NYSE). The CEO is Larry J. Merlo (From Mar. 1, 2011). The number of employees is 295,000 (2018).

CVS Health's total revenue grew from $178 billion in 2016 to $195 billion in 2018 (of which $594 million was profit). This growth was largely led by its pharmacy services, which benefited from the growth in pharmacy network and specialty pharmacy volume.

CVS Health was previously CVS Corporation or CVS Caremark Corporation. In December 2017, CVS agreed to acquire Aetna for $69 billion. The acquisition was completed in November 2018.

Here are the CVS Health Subsidiaries:

CVS Pharmacy
MinuteClinic
CVS Caremark
Aetna
Omnicare
Smith-McKenney Co. Inc.
Navarro Discount Pharmacies
Longs Drugs
Arbor Drugs
RxAmerica LLC
Revco Discount Drug Centers Inc
Fallon Healthcare System Inc
ABD Group Inc.
Rhode Cvs Island Inc
CVS EGL Cedar Ridge TX, LP
CVS EGL Lohmans Ford TX, LP
Massachusetts CVS Pharmacy, L.L.C.
Nashua Hollis CVS, Inc.
Cvs Bdi, Inc.
Osco Drug, Inc.
Caremark International Inc.
CVS EGL Hwy 24 Independence MO, Inc.
PharmaCare Management Services Inc.
Bethel CVS, Inc.
CVS Caremark Indemnity, Ltd.

Here are some websites that can give you more stock market insights:

Morningstar Direct - https://www.morningstar.ca

Zacks Investment Research -  https://www.zacks.com

Seeking Alpha - https://seekingalpha.com

Robinhood - https://robinhood.com

fi360 Toolkit - https://www.fi360.com

Advent Portfolio Exchange (APX) - https://www.advent.com/advent-portfolio-exchange/

MProfit for Accounting - https://www.mprofit.in

SimCorp Dimension - https://www.simcorp.com





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