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 shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.