Billionaire Investor Pushes for Changes at CVS. Is Now the Time to Buy the Stock?

The stock could be poised for a turnaround.Billionaire investor Larry Robbins of hedge fund Glenview Capital Management has taken a large stake in healthcare company CVS Health (CVS 2.65%) and has met with management on ways to help turn around the struggling business. According to The Wall Street Journal, Glenview has amassed about a $700 million stake in the company. Meanwhile, according to CNBC, CVS has met with advisors to conduct a strategic review of its business. The review started before Glenview be ...