CVS. I am buying partly because I hope history repeats here. It was at lows about Sept 2020 posts, and took about a year for the gains. Now again the stock's at lows (higher though than in 2020). I am betting the stock once again will be higher 12-18 months from now.
Nothing interesting has changed about its retail business - lots of stock items that can be bought elsewhere, maybe cheaper -- soda, candy, beauty supplies, etc. Plus, now there seems to me even more drug stores almost everywhere around here in my area. Like banks. Since last buy, CVS has issued more debt and acquired health insurance/medical service businesses in an attempt to provide more services to consumers. Maybe this will work out to be a positive
Positives might be, big company size and geographical diversity, They have their own generic drugs - aspirin, bandages, etc. and they undercut the brand names when you compare them side-by-side in CVS stores.
Madharry, I believe I see this often: somebody walks into a store and looks at the listed prices for some things and says I can get it cheaper elsewhere. Yes. But if the person is buying on sales days, or if the person has a store card and it offers sales discounts on it, which they often do, then sometimes a careful shopper can get prices below the competition (e.g below Costco). Just saying. |
