CVS stock is up more than 15% after yesterday's results. While the results were not particularly good, they beat expectations. I sold the stock at the beginning of the year and I'm glad I did. The stock is up now, but I still don't like the fundamentals.
What's your take on $CVS?
CVS is a terrible company and I would never invest in it. I'm not interested in that business at all.
I've changed my mind about the company so much and the fact that it's grown up now has made me happy, I've kept it in the red for about 2 years now. I'm still in it, but negligible anymore, about $25 and so the dividend income was higher. I want to get rid of the company, but again, I'm wondering if I should hold for a while longer until the dividends compensate for any decline. 🤷♂️
The stock was down for a long time, but the company has clearly recovered. But it's not an interesting investment for me.
I'm in profit, but I'll hold on to it. There's still a good dividend to offset any downside.