Health services provider CVS Health Corporation (CVS) has lost 9.9% over the past month amid the broader market sell-off. However, the healthcare sector’s resilience to uncertain economic conditions and the company’s solid fundamentals have helped the stock deliver 8.8% returns over the past year.
On the other hand, pharmacy retailer Walgreens Boots Alliance, Inc. (WBA) could not survive the challenges faced by the market well and lost 31.6% over the past year. The company’s poor fundamentals are the key reason behind its underperformance.
