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With a market cap of $104.6 billion, CVS Health Corporation (CVS) is a leading U.S. health solutions company operating through its Health Care Benefits, Health Services, and Pharmacy & Consumer Wellness segments. The company provides a wide range of services, including health insurance, pharmacy benefit management, and retail pharmacy products, to individuals, employers, and government organizations.
Shares of the Woonsocket, Rhode Island-based company have significantly outperformed the broader market over the past 52 weeks. CVS stock has surged 43.3% over this time frame, while the broader S&P 500 Index ($SPX) has gained 18.3%. In addition, CVS stock has climbed 83.1% on a YTD basis, compared to SPX's 17.2% YTD gain.