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One of the companies I covered most frequently and also one of my biggest holdings is CVS Health Corporation (NYSE:CVS). And while making up a larger part of my portfolio, it has not been one of my
CVS Health: A Better Investment Than Walgreens Boots Alliance
Summary
- CVS Health reported mediocre first quarter results, missed analyst's expectations and lowered guidance for fiscal 2024.
- However, CVS Health might actually profit from a struggling competitor Walgreens Boots Alliance and is certainly the better investment in my view.
- The stock remains deeply undervalued and a reversion to the mean is likely.
My analysis is focused on high-quality companies, that can outperform the market over the long-run due to a competitive advantage (economic moat) and high levels of defensibility. Focused on European and North American companies, but without constraints regarding market capitalization (from large cap to small cap companies).My academic background is in sociology and I hold a Master’s Degree in Sociology (with main emphasis on organizational and economic sociology) and a Bachelor’s Degree in Sociology and History.
Analyst’s Disclosure:I/we have a beneficial long position in the shares of CVS, WBA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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