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CVS Health Is Soaring 75% This Year. And the Stock Still Looks Cheap.

The company replaced its CEO last year, and the turnaround has been going well.One of the hottest healthcare stocks to own this year has undoubtedly been CVS Health (CVS 1.75%). It's up 75% while the Health Care Select Sector SPDR Fund has climbed by just 6%. The performance, does, however, warrant an asterisk as CVS is coming off a brutal year in 2024 when it crashed more than 43%. The stock was beaten down and may have appealed to value-oriented investors.Nonetheless, the company must be doing something r ...