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3 Stocks to Capitalize on the Telehealth Explosion
InvestorPlace· 2024-01-08 21:22
The COVID-19 pandemic highlighted the sometimes fragile nature of the American healthcare system. Many people had to delay elective surgeries and forego other treatments for an extended period. Others were scared of going to a clinic for fear of exposure to the virus. This crisis showed us the value of telehealth stocks. Thanks to the rise in broadband internet and high-quality video calls, it can now host doctors’ visits online. While telemedicine isn’t always the solution, sometimes a remote check-up can ...
J.P. Morgan 42nd Annual Healthcare Conference
2024-01-08 17:55
J.P. Morgan Healthcare Conference Karen S. Lynch President and Chief Executive Officer Thomas F. Cowhey Chief Financial Officer ...
CVS Health Corporation (CVS) 42nd Annual J.P. Morgan Healthcare Conference (Transcript)
Seeking Alpha· 2024-01-08 17:51
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CVS Health Corporation (CVS) 42nd Annual J.P. Morgan Healthcare Conference (Transcript)
2024-01-08 17:51
CVS Health Corporation (NYSE:CVS) 42nd Annual J.P. Morgan Healthcare Conference January 8, 2023 10:30 AM ET Company Participants Karen Lynch - President & CEO Thomas Cowhey - CFO Conference Call Participants Lisa Gill - JPMorgan Chase Lisa Gill I don't think this is -- oh, now it's working, okay, and I'm loud. Karen Lynch Well, thank you, Lisa. Good morning, everyone, and Happy New Year. I'm really thrilled to be with you today to talk about CVS. And as Lisa said, I'm joined by our brand new CFO, Tom Cowhey ...
CVS Health: Shares Remain Modestly Undervalued, Robust Free Cash Flow, Technical Strength
Seeking Alpha· 2024-01-08 03:01
Spencer Platt The Health Care sector was one to generally avoid in 2023. Unless you were significantly overweight (no pun intended) in shares of Eli Lilly (LLY) and Novo Nordisk (NVO), it’s probable that you underperformed the S&P 500 given the Health Care Select Sector SPDR ETF’s (XLV) weak returns. Has the tide turned in favor of defensive Health Care equities? XLV has beaten SPY by about five percentage points just since mid-December. I see more upside ahead in CVS Health (NYSE:CVS). Following guida ...
CVS Health announces leadership appointments
Prnewswire· 2024-01-05 11:30
Thomas F. Cowhey named Chief Financial Officer Mike Pykosz named President of Health Care Delivery  WOONSOCKET, R.I., Jan. 5, 2024 /PRNewswire/ -- CVS Health® (NYSE: CVS) today announced several leadership updates, effective immediately: Senior Vice President of Corporate Finance and interim CFO, Tom Cowhey, has been formally appointed the company's next CFO. CEO of Oak Street Health and interim lead of Health Care Delivery, Mike Pykosz, has been formally appointed President of Health Care Delivery. CVS H ...
Here's Why CVS Health (CVS) Fell More Than Broader Market
Zacks Investment Research· 2024-01-04 23:48
In the latest market close, CVS Health (CVS) reached $80.51, with a -0.46% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.34%. Elsewhere, the Dow saw an upswing of 0.03%, while the tech-heavy Nasdaq depreciated by 0.56%.Shares of the drugstore chain and pharmacy benefits manager have appreciated by 10.04% over the course of the past month, outperforming the Retail-Wholesale sector's gain of 3.02% and the S&P 500's gain of 2.56%.The investment communi ...
CVS Pharmacy Launches Simplified, Two-Tiered Loyalty Program
PYMNTS· 2024-01-04 22:32
CVS Pharmacy, the retail division of CVS Health, simplified its loyalty program by consolidating it into one membership with two tiers.With both tiers of the ExtraCare program, CVS Pharmacy will offer in-store savings, online sales and personalized deals that will be emailed or texted to members, the company said in a Thursday (Jan. 4) press release.“ExtraCare is a long-standing leader in the loyalty program industry, and this evolution will allow us to provide even greater simplicity to our members while p ...
CVS Pharmacy® announces new simplified loyalty experience
Prnewswire· 2024-01-04 17:00
ExtraCare® is now one easy savings membership with two tiersWOONSOCKET, R.I., Jan. 4, 2024 /PRNewswire/ -- CVS Pharmacy®, the retail division of CVS Health® (NYSE: CVS), today announced the evolution of its loyalty program to include two membership tiers: ExtraCare® and ExtraCare Plus™. ExtraCare Plus, the CVS Pharmacy loyalty and membership program formerly known as CarePass, unlocks all the benefits of ExtraCare, plus the new convenience of free same-day delivery of nearly all products in the store in ...
CVS Health Corporation (CVS) is Attracting Investor Attention: Here is What You Should Know
Zacks Investment Research· 2024-01-04 15:33
CVS Health (CVS) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this drugstore chain and pharmacy benefits manager have returned +10%, compared to the Zacks S&P 500 composite's +3.4% change. During this period, the Zacks Retail - Pharmacies and Drug Stores industry, which CVS Health falls in, has gained 18.8%. The key question now is: What could b ...