CVS Valuation

Good afternoon,

Attached is my most recent valuation of CVS. I still do not like the company, but it looks like a trade is being put on, arbitraging it with the ten year. I took a position. I think the stock is about 5% undervalued anyway. I dislike owning securities with poor management, and I am not providing investment advice. I mentioned I took a position to disclose it.

Considering the liability involved with these types of trades, I do not want to be associated with it, and will not be posting anymore academic research on this Corporation.

CVS DCF 8.xlsx

Download XLSX • 212KB

Warmest Regards,