I'm not a fan of the wrap fee programs for investment. This is why.

Apr
19

Wrap fees are interesting in many ways. 

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CVS is looking good today

Apr
19

Today CVS fell below $75 and I picked up shares at $74.11.  The thing with CVS is that they have a mid 20's P/E, but their earnings are low only because they had a one-time big payout for the opioid epidemic. Without that charge, their P/E would be around 13.

 

 

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