Could This Dividend Stock Be a Fit for Your Portfolio?
Stock investors who stick around long enough are bound to experience plenty of periods of significant volatility during their investing careers. Uncertainty often brings out intense emotions of fear or greed in even the most rational investors, which results in exaggerated price swings in the short term.
But investing in stocks that consistently pay dividends can help investors to remain calm under pressure. One such stock is the health insurer and pharmacy chain CVS Health (NYSE: CVS). Unlike the S&P 500 index, which has fallen 12% year to date, CVS Health's stock has increased 3% during that time.
This raises the following question: Could CVS Health be a fit within your investment portfolio? Let's look at the stock's fundamentals and valuation to answer this question.
Source Fool.com
