CVS Health Corporation (NYSE:CVS) is one of the stocks Jim Cramer recently shared thoughts on. Cramer discussed the company’s “reinvention,” as he said:
“Sadly, this tale of reinvention doesn’t happen very often, but when it does, I celebrate it. For example, I really like what David Joyner’s doing with the turnaround at CVS. Value creation, there’s major covering the front and back of the store, along with the incredible comeback in health insurance.”
A person with stock market data on a laptop. Photo by Anna Nekrashevich on Pexels
CVS Health Corporation (NYSE:CVS) provides healthcare solutions through insurance, pharmacy benefit management, and retail pharmacy services. During the August 28 episode, when a caller inquired about Cigna stock, Cramer suggested CVS Health Corporation (NYSE:CVS) instead, as he commented:
“I’m going to take a big, big monster pass on Cigna and suggest that you pull down some CVS. Yes, because I think that the old Consumer Value Stores, by the way, I think CVS is crushing it. And I think this guy David Joyner, you know, mi casa es su casa, David Joyner, what does that really mean? It sounds good.”
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Disclosure: None. This article is originally published at Insider Monkey.
