CVS Health Is a Screaming Buy on the Dip
Shares of CVS Health (NYSE: CVS) stock recently dipped in response to a first-quarter earnings report, even though the results were mostly positive. Over the past six months, the stock has dropped around 29% despite a recent dividend raise and several encouraging signs for the future of its increasingly integrated healthcare businesses.
This stock's performance over the past six months might lead you to believe it's not a good investment, but that would be wrong. Investors who buy at recently depressed prices and hold over the long run have a great chance to realize market-beating gains.
Before we look at why this one-of-a-kind healthcare business can outperform, let's try to understand why it's down right now.
Source Fool.com
