Slumping CVS Is Still a Major Player
Risks remain, but investors should consider the heavily discounted shares of this top healthcare pick.
Julie Utterback: CVS remains one of the top healthcare picks, and we have three key points to highlight about it.
First, the Medicare for All threat looks like a very low-probability risk to us, and we would remind investors that the three key things that need to happen to make that a reality--Bernie Sanders winning the Democratic nomination, Sanders beating Trump in the general election, and the Senate flipping from a Republican majority to a Democratic supermajority--look like a very low probability in combination during this election cycle.
Julie Utterback does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.