I would have done anything to buy at these levels. And yall morons now have the chance to buy & you won't even take it. You keep pushing my stock lower & lower making CVS look like a fool.
Why won't CVS get it's #$%$ together? This stock should be going up by now. Any bad news would be affecting in the distant future. Walgreens & Rite Aid merger won't happen for at least a year. And Bernie Sanders has no chance of being the president for at least a year. This stock should be smooth sailing till at least the end of the year.
But growth stocks are supposed to outperform REITs, therefore makes the case relevant. And valuations should be relevant to all stocks even when each sector has a different valuation.
Realty Income dilutes their stock and is 50% debt and no growth. CVS buys back shares, is 25% debt, and has 10% growth. O has gone up at least least 20%. CVS is down. Makes no sense. Both are 100% American currency. What's the hold up? O's PEG is over 4. CVS is under 1.4.
Why won't CVS go back up? It dipped all the way into the $97 range and is barely up from there, while all other stocks are approaching their previous day's close. CVS definitely had me fooled in the beginning of the day :0(
I buy in at $97 today, and this stock isn't going to end the day over where I paid? Even though the market is barely down & UPS showed tremendous strength in the beginning of the day? I swear, as soon as I bought, the stock tanked. Just like they screwed me on Disney this morning. Disney began the day low, where I sold, then took off like a rocket. You know the stock market is #$%$, right?
When I first saw this stock, it was at $28 and the dividend was about 5.9% and the stock was at the high of the year. A year or so later, it was around $33.75 and the dividend was 5.7% and was about $3 less than the high of the year. The bull market was young when it was at $28, so the historical average had to have been over 6%, plus there was even an article that mentioned in. It was either that one or Realty Income. I can remember which.
Every single time. Now what are the odds of going to $56.30 where my new buy order is placed? This is the second time they forced me to sell low, when I could have sold substantially higher. How much down side does this stock even have? It's way over-valued. This stock should have never went over 40. Historically, the dividend has been over 6%. Now I'm supposed to feel good about 4%? I don't think so. Especially with cigarettes on continuous decline. A one percent or so uptick in sales does not warrant a 100% rise in stock price, no matter how high you raise the prices for cigarettes. And they're not buying back enough stock to support the stock prices rise. So what is really going on here? So if I buy at these levels, there should be at least 20% downside according to historical P/E ratios & PEG ratios. This isn't a growth stock, no matter what articles say. Everyone is so desperate for yield, it's pathetic. They even have me buying this #$%$.