People- it's all about growth!! 3-5 years ago the CVS and Walgreens world were had no barriers to growth . With Obama care and the aging of Americans baby boomers the growth path was going as far as anyone could see, hence CVS peek of 113. Since Obama care has been muted and Amazons great buy of pill pak leveraged there barrier to entry into the pharmacy space(Larry and his barrier to entry comment will come back to bite him). Walmart has completely changed there store format and reinvented themselves as to compete with Amazon due to there CEO change. So our stock will not recover due to the slow erosion in growth. If you can't see go ahead and try to make money on stock!
2 replies (most recent on top)
Most likely the CEO of the company
:)
Maybe it’s me, but I just find it hard to believe someone that can’t understand the proper use of their and there, among many other words, can somehow have any type of insight into CVS’s future.