CVS Is Healthier than Its Valuation Indicates
Wall Street's first quarter earnings results suggest financial guidance and forecasting is now voluntary. With many reports still to come, over 20% of publicly traded companies chose to withdraw all profitability and sales projections. Understandably so. The coronavirus pandemic has spurred severe health and financial hardship, leading to uncertain futures for many.
Yet through this all, health conglomerate CVS (NYSE: CVS) maintained financial targets for the year, confirming to shareholders a very compelling valuation.
Image Source: Getty Images.
Source Fool.com