CVS Health Corporation (CVS) and Walgreens Boots Alliance, Inc. (WBA) are among the biggest pharmacy retail chains in the United States and are prominent players in the healthcare sector. I evaluated the two stocks to determine which is better for an investor. I believe CVS is the better buy for the reasons explained throughout this article.
The U.S. retail pharmacy industry has changed significantly over the past years, with retail chains moving to more omnichannel options, boosting their revenue. The U.S. pharmacy market is projected to grow at a CAGR of 6.3% to $861.67 billion by 2028.
