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Rickie Reeve
@rickiereeve · Jul 8

$CVS is still down...
The debt is higher, but the acquisitions that caused the debt should bear fruit.

Do you own $CVS?

MD
Monday Dayton @mondaydayton Jul 9

I own one too and true, now that I read it, it's a really popular stock. Well, let's hope it's not just another "popular" flop. Nah, I'll add to the opinions that yes, if nothing goes wrong, it will definitely be elsewhere, higher, in those 2 years. 😊

MP
Mart Poom @martpoom Jul 9

And when should they start delivering? 🤔😁

RR
Rickie Reeve @rickiereeve Jul 9

There should still be a hit to Aetna's (the insurance company) profits of up to $1 billion in 2024. And Oak street capital is expected to reach profitability by about 2025. $CVS is slowly becoming the largest and best diversified healthcare company. I'd say the trend here speaks volumes. So I'll say within 2 years the price will be completely different.

WS
Willard Spencer @willardspencer Jul 8

I've been meaning to jump into CVS for about a month now but haven't "gotten around to it" yet... :)

DM
Darius Moore @dariusmoore Jul 9

What are you waiting for?

AY
Alden Yap @aldenyap Jul 8

I own and buy. 🙂 As enough people here say under 70 it's still a good price even for me. 👍

RR
Rickie Reeve @rickiereeve Jul 8

It's great how it's stayed there this long. A constant chance for those who missed out.

YE
Yorick Ericson @yorickericson Jul 8

I don't know on what terms he's making these acquisitions, but looking at their ROIC (6%) it's really not that great.

DL
Duc Long Hoang @duchoang Jul 9

But fintwitter is done 😂

BC
Bill Combs @billcombs Jul 8

It's true that the stock is down, but as you write, those acquisitions will bear fruit.

Since the stock is really down right now, I'm buying quite a bit. I was buying now at the beginning of the month and if the share price is similar at the beginning of the new month, I will buy again.

RR
Rickie Reeve @rickiereeve Jul 8

Great, I'd water it down to $67, too. I've got a lot of them, but I wouldn't be afraid to buy more. 👍