CVS Health Corporation (CVS)

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Best Healthcare Stocks to Buy in 2021
By: TheStreet | January 29, 2021

• Real Money contributor Stephen Guilfoyle checks which sector names could perform best over the coming year.

CVS Health (CVS). You know CVS as your neighborhood pharmacy. CVS is mentioned often in the news these days, as the chain had been chosen by health officials, along with Walgreens Boots Alliance (WBA) - Get Report, to deliver both the vaccines for Covid-19 to residents of long-term care facilities as well as Eli Lilly's (LLY) - Get Report antibody therapeutic. The reason to be in the stock is a mix of the firm has made itself indispensable to "Operation Warp Speed," as well as the pharmacy, and the integration of Aetna. Valued at nine-times forward-looking earnings, CVS is clearly undervalued, if investors were to value the retail pharmacy, the pharmacy benefits manager, the insurance company, and the government contractor separately. Outgoing CEO Larry Merlo put together this super healthcare conglomerate. It will be up to his successor, Karen Lynch, who takes the reins effective Feb. 1, to make it all work. Lynch comes from the Aetna side of the business. Until then, the company will pay you 2.94% just to hang around. I'm hanging around.

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