CVS-4-4-19

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%