$CVS is still down...
The debt is higher, but the acquisitions that caused the debt should bear fruit.
Do you own $CVS?
A community member's personal view, not investment advice. Community Guidelines
MD
I own one too and true, now that I read it, it's a really popular stock. Well, let's hope it's not just another "popular" flop. Nah, I'll add to the opinions that yes, if nothing goes wrong, it will definitely be elsewhere, higher, in those 2 years. 😊
RR
There should still be a hit to Aetna's (the insurance company) profits of up to $1 billion in 2024. And Oak street capital is expected to reach profitability by about 2025. $CVS is slowly becoming the largest and best diversified healthcare company. I'd say the trend here speaks volumes. So I'll say within 2 years the price will be completely different.
BC
It's true that the stock is down, but as you write, those acquisitions will bear fruit.
Since the stock is really down right now, I'm buying quite a bit. I was buying now at the beginning of the month and if the share price is similar at the beginning of the new month, I will buy again.
RR
Great, I'd water it down to $67, too. I've got a lot of them, but I wouldn't be afraid to buy more. 👍