While telehealth stocks, once stars of the pandemic era, have seen a recent dip in investor interest, savvy investors recognize the sector’s bright future. Moreover, according to TalkSpace (NASDAQ:TALK) CEO Jon Cohen, it could be argued that the pandemic catapulted telehealth forward by a decade, ushering in a new era of at-home primary and specialty care demanding investor attention.Furthermore, the consensus over the health of the U.S. economy is largely positive, which bodes well for relatively risky pla ...

CVS Health (CVS) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this drugstore chain and pharmacy benefits manager have returned +5.8% over the past month versus the Zacks S&P 500 composite's +4.7% change. The Zacks Retail - Pharmacies and Drug Stores industry, to which CVS Health belongs, has gained 1.5% over this period. Now the key question is: Where could the stock be he ...

The investments are one of many initiatives ranging from retail to workforce and philanthropy that exemplify the company's longstanding commitment to the people of Hawai'iWOONSOCKET, R.I., Feb. 21, 2024 /PRNewswire/ -- CVS Health® (NYSE: CVS) today announced its contribution of nearly $35 million in equity investments towards the creation of two new affordable housing developments in Hawai'i. Located in Lahaina, Maui and Kapolei, Oahu, the communities will also offer residents supportive social and educatio ...

WOONSOCKET, R.I., Feb. 21, 2024 /PRNewswire/ -- CVS Health (NYSE: CVS) today announced that Executive Vice President and Chief Financial Officer Tom Cowhey will participate in a fireside chat with investors at the 45nd Annual Raymond James Institutional Investors Conference on March 5, 2024, at approximately 9:50 a.m. eastern time.An audio webcast of the event will be broadcast simultaneously on the Investor Relations portion of the CVS Health website at investors.cvshealth.com where it will be archived for ...

CVS Health Corporation (CVS) is well-poised for growth, backed by its consistently strong sales momentum across all three operating segments. The acquisition of Oak Street Health advances its care delivery strategy for consumers, which is likely to boost future growth. However, stiff competition and poor macroeconomic conditions are a concern.In the past year, this Zacks Rank #3 (Hold) stock has declined 10.3% compared with the industry’s 17.6% fall and the S&P 500’s 22.1% rise.The pharmacy innovation compa ...

CVS Health’s (CVS) restructuring plan, intended to streamline and simplify the organization, looks impressive. However, reimbursement pressure remains a concern. The stock currently carries a Zacks Rank #3 (Hold).CVS Health is committed to increasing investments in fast-growing spaces like enterprise data platforms, cloud capabilities and digital products to offer innovative solutions through mobile and web channels. The company is investing in emerging technology capabilities such as voice, artificial inte ...

CVS Health (CVS) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this drugstore chain and pharmacy benefits manager have returned +1%, compared to the Zacks S&P 500 composite's +5.1% change. During this period, the Zacks Retail - Pharmacies and Drug Stores industry, which CVS Health falls in, has gained 1%. The key question now is: What could be the stock ...

Jason marz/Moment via Getty ImagesThe stock market has started 2024 on a strong footing, with the S&P 500 (SP500) climbing 4.8% in just the first 38 days of the year. However, unlike 2023 where a group of seven major companies, the Magnificent 7, drove most of the gains, this year's rally is much more concentrated. Just four stocks are responsible for nearly 75% of the S&P 500's total return so far, highlighting a shift towards a more narrow market performance: Amazon (AMZN), YTD return 12.24%, Blende ...

CVS Health chief executive officer Karen Lynch said the healthcare giant is sticking with its ... [+] expansion strategy for Oak Street Health to open 50 to 60 clinics for seniors next year.CVS Health CVS Health chief executive officer Karen Lynch said the healthcare giant is sticking with its expansion strategy for Oak Street Health to open 50 to 60 clinics for seniors next year.CVS last year acquired Oak Street for $10.6 billion in cash, adding a large network of doctor-staffed clinics primarily used by s ...

Key TakeawaysCVS reported fourth-quarter earnings of $2.12 per share, 4% higher than a year ago, and ahead of Wall Street estimates.The company lowered its guidance for 2024 due to a rise in insurance payouts.Americans are using the post-Covid quiet in hospitals to undergo elective procedures, which is a trend that CVS expects to continue.CVS Healthcare (CVS) shares gained ground on Wednesday after the company reported better-than-expected earnings but lowered its 2024 guidance due to an increase in insuran ...