Here’s Why CVS Health Corporation (CVS) Reported Disappointing Performance in Q2

Coho Partners, an investment management company released its “Relative Value Equity Strategy” second quarter 2024 investor letter. A copy of the letter can be downloaded here. In 2024, the market is led by a handful of stocks, with NVIDIA alone contributing nearly a third of the S&P 500 Index’s total return year-to-date. The Information Technology and Communication Services sectors are performing strongly, and the Russell 1000 Growth Index has almost tripled the returns of the Russell 1000 Value Index year-to-date. Economically Sensitive sectors have returned more than double that of...