AET - CVS-Aetna Ticks All The Right Boxes For Long-Term Investors
Since late 2016, shares in CVS Health (CVS) have generally lagged the healthcare sector (XLV), trading within a sideways channel for many months, between $68-$79. The shares are currently trading at the top of the channel, closing Tuesday at $79.50.
Headquartered in Woonsocket, Rhode Island, CVS Health Corporation, together with its subsidiaries, provides integrated pharmacy health care services, operating through pharmacy services and retail segments.
On Monday, the company received the final state approval for their $69 billion merger with Aetna Corporation (AET). The company has said it expects