NEM - 3 Top Value Stocks to Buy Right Now
Although the coronavirus pandemic has caused a recession and businesses are shutting down, there's still a whole lot of bullishness left in the markets, and many stocks continue to soar. It can be a dangerous time to invest, though, especially if you're buying shares of companies that are trading at expensive valuations.
A good way to protect your portfolio is by investing in stocks that trade at modest multiples and offer good value for your money. Below are three top stocks that aren't expensive buys today:
CVS Health (NYSE: CVS) is a top name in healthcare, and although the company's known for its near-10,000 locations across the country, it's proving to be much more than just a pharmacy retailer. With the acquisition of health insurance provider Aetna in 2018, CVS has been expanding its services at many locations, turning them into HealthHubs that offer greater healthcare services for customers, including giving them access to in-store dietitians and helping patients manage chronic conditions.