Subscription: Value Stocks
CVS is a BUY under $48
CVS topped at $113.65 in July 2015. I count that top as the top of the wave ( 3 ) up. Since then it has been declining in a corrective ( W ) – ( X ) – ( Y ) structure. I have a good confluence of projection fibs at $47.30-46.20.
CVS - Daily chart updated on 4/4/2019
Financial Strength
Operating Margin
5.23%
Net
Margin
– 0.34%
Return on Capital
34%
Price-to-Free-Cash-Flow
8.18
Debt-to-Equity
1.26
Dividend
Yield
3.74%