Discussions

CVS HEALTH DRN forum

4 days ago

CVS got greedy and bought a health insurance company (Aetna) and a pharmacy benefits manager (Caremark). A bi partisan bill was introduced to the U.S. senate to make companies get ride of PBMs. There are a number of companies that own PBM ...like CVS, UNH, HUM, CIGNA. The executives are probably dumping their stock!

Not going to catch this falling knife. CVS at 30 bucks in no time.

5 days ago

In case anyone's wondering about the relevance to of Trump's comments today, announcing his intention to "knock out" the middle-men of the pharma business, i.e. the Pharmacy Benefits Management (PBM) companies: In 2023 CVS's Health Services segment (that's the PBM) contributed $187 billion of the total $358 billion in revenue, and $7.3 billion of the total $13.7 billion in operating profit.

Dec 12

as expected (tradingview.com/symbols/NYSE-CVS/minds/?mind=JYKW1tffRAaQZ_-qJURAVw Profit margins are also margins of safety. This is a low-margin company that was already in rough water before Congress thought out loud about breaking up integrated pharmacy/PBM businesses. Now it busted through previous 10-year low, and there's really no obvious technical support in sight.

Dec 5

anyone agrees?

Nov 12

back down to must-hold support, following a brief earnings bounce. It wouldn't surprise me in the least to see it cut through support to drop a quick 10% at any moment.