Jim Cramer Makes Major Claim About CVS Corporation (CVS)

We have recently shared Jim Cramer Made A Big Prediction About OpenAI & Discussed These 20 Stocks. CVS Health Corporation (NYSE:CVS) is one of the stocks discussed by Jim Cramer.

Pharmaceutical retailer CVS Health Corporation (NYSE:CVS) is one of Jim Cramer’s favorite stocks in the space. The shares are up by roughly 25% over the past year and by 4% year-to-date. Baird discussed CVS Health Corporation (NYSE:CVS) on April 15th, as it raised the share price target to $94 from $92 and kept an Outperform rating on the stock. UBS had reiterated a $97 share price target and a Buy rating on CVS Health Corporation (NYSE:CVS)’s shares on March 25th, as it discussed the pharma company’s insulin settlement with the FTC. Leernik also discussed the settlement while maintaining a $98 share price target and an Outperform rating on the stock. Cramer discussed CVS Health Corporation (NYSE:CVS)’s CEO and the weakness in healthcare stocks:

“I say look at the bargains in healthcare, some of the companies are going to come back and you’re going to regret that you sold them. CVS, such a good company, I would think about that now that Walgreens is radically pulling back and Rite Aid went away. Company sells at 10 times earnings with a really good CEO, David Joiner, I would put CVS on the list too, I mean these things are being thrown away, just thrown away.”

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While we acknowledge the risk and potential of CVS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than CVS and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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