Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:
CVS Health Corp (CVS)
CVS Health offers a diverse set of healthcare services. Its roots are in its retail pharmacy operations, where it operates over 9,000 stores primarily in the U.S. CVS is also the largest pharmacy benefit manager (acquired through Caremark), processing over 2 billion adjusted claims annually. It also operates a top-tier health insurer (acquired through Aetna) where it serves about 24 million medical members. The company’s pending acquisition of Oak Street will add primary care to the mix, which could have significant synergies with all its existing business lines.
A quick look at the price chart below shows us that the stock is down 30.54% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 9.00 which means that it remains undervalued.
(Shares)
Cliff Asness – 4,707,148
Ray Dalio – 2,473,770
Ken Griffin – 1,327,593
Bernard Horn – 659,900
Tom Gayner – 332,000
Mario Gabelli – 303,162
Joel Greenblatt – 176,299
Chuck Royce – 43,500
Steve Cohen – 16,318
Prem Watsa – 15,000
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