InvestorsHub Logo
Followers 290
Posts 85571
Boards Moderated 64
Alias Born 02/06/2005

Re: researcher59 post# 106388

Wednesday, 08/02/2023 11:23:34 AM

Wednesday, August 02, 2023 11:23:34 AM

Post# of 114128
CVS

I sold CVS at $76.25, I'm stunned it is doing as well as it is. They lowered FY 24 guidance from $9.00+ to $8.50-8.70 essentially forecasting no growth in 2024. And they pulled there 2025 guidnace of $10+ with potential upside. Hence I didn't like the CC shocked it is up. But I wouldn't give this more than a 10 PE at the moment, hence $85 is about fv, and at 76.25, that is not alot of upside at the moment in my opinion.

---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
http://www.investorshub.com/boards/board.asp?board_id=5316

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.