Opportunity
CVS (NYSE: CVS) is the largest American retail healthcare pharmacy, and it offers services in various segments, including Retail Pharmacy, Pharmacy Benefits Management, clinical services, Specialty Pharmacy, and digital services, as illustrated in Table 1.
Table 1: CVS, Core Segments
Source: CVS Investor Relations
In light of changing healthcare landscape trends, CVS has experienced a downturn since 2015. But we believe the bottom is reached and that a trend reversal is to take place.
Due to the company's acquisition of Aetna, earnings increased substantially in 2019. Furthermore, Q3 2019 results beat market expectations.