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Is Now a Smart Time to Buy the Dip in CVS Stock?

Alex Carchidi, The Motley Fool
·4-min read
Is Now a Smart Time to Buy the Dip in CVS Stock?

The market has been more pessimistic about CVS Health (NYSE: CVS), whose shares have crashed 28% in the last 12 months, falling significantly more than the broader market. The S&P 500 index lost just 12% over the same period, while The Health Care Select Sector SPDR Fund (of which CVS Health is a constituent) fell only 7.4%. Let's go through the arguments in favor of buying it now, and ones that takes the opposite position, so you can assess whether CVS Health a good pick to help meet your investing goals.

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