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With a market cap of $69.6 billion, Woonsocket, Rhode Island-based CVS Health Corporation (CVS) is a leading pharmacy innovation company offering pharmacy benefit management, mail order and retail pharmacy, disease management programs, and retail clinics. It operates through three segments: Health Care Benefits; Health Services; and Pharmacy & Consumer Wellness.
Companies worth more than $10 billion are generally described as “large-cap” stocks and CVS Health fits this criterion perfectly. The company provides health insurance products, pharmacy benefit management solutions, and consumer wellness offerings such as prescription and over-the-counter drugs, personal care, and beauty products.