Why CVS Health Stock Is Soaring Today
Group 1 - CVS Health's shares increased by 8.2% amid a market rebound and a corporate update [1] - Brian Newman will become the new CFO effective April 21, 2025, and Amy Compton-Phillips has been appointed as the new chief medical officer [2] - The most significant news from CVS Health's update is the expectation that financial results will meet or exceed previously issued guidance for full year 2025, indicating a strong start to the year [4] Group 2 - CVS Health's stock has risen over 50% year to date, with a forward dividend yield of 3.85%, making it attractive for income investors [5] - The stock is trading below 11 times forward earnings, appealing to value investors [5]