Jim Cramer on CVS Health: “I Think It’s Only Going to Get Better as the Competition Disappears”

Let’s commencement with a coagulated institution with a banal that sells astatine 11 times earnings, CVS. I’m each for buying it for the Charitable Trust, but we held disconnected due to the fact that we person excessively galore positions. CVS owns Aetna, which I deliberation is simply a beauteous good, not, well, it’s not arsenic possibly arsenic bully arsenic UnitedHealth, but a pretty… bully company. Reported a tremendous 4th earlier this week. But UnitedHealth is surely successful the ballpark.

I deliberation Aetna’s good. CVS owns 8,932 drugstores. Not that agelong ago, determination were 3 large drugstore chains: Rite Aid, Walgreens, and CVS… Walgreens got taken private. It’s present pulling backmost from a immense fig of stores. They whitethorn not adjacent beryllium a origin astatine this gait a fewer years from now. Because they’re private, though, we don’t truly cognize what it is. But I cognize something. CVS CEO, David Joyner, gave you a terrific 4th past time. I deliberation it’s lone going to get amended arsenic the contention disappears. I similar CVS to ServiceNow. Okay, I’m retired there.

Photo by Adam Nowakowski connected Unsplash

CVS Health Corporation (NYSE:CVS) provides healthcare solutions done insurance, pharmacy payment management, and retail pharmacy services.

While we admit the imaginable of CVS arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 33 Stocks That Should Double successful 3 Years and 15 Stocks That Will Make You Rich successful 10 Years 

Disclosure: None. Follow Insider Monkey connected Google News.