Jeff Auxier Comments on CVS

Author's Avatar
Feb 13, 2014

Healthcare stocks in the Fund had a strong fourth quarter and year. CVS (CVS, Financial)’s 26% performance for the quarter is reflective of the fact that 10,000 Americans turn 65 every day and will for the next 15 years. Businesses that are able to serve this growing segment with improving service, innovation, technology, product quality and value should continue to win.

From Jeff Auxier (Trades, Portfolio)'s fourth quarter 2013 commentary.