Healthcare: 3 Can't Miss Reasons Why Investors Can Own Rite Aid and CVS Health in 2015
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 21 January 2015
⏱️ 12 minutes
🧾️ Download transcript
Summary
Why aging America, healthcare clinics, and sticky relationships could make Rite Aid and CVS Health soar.
Transcript
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| 0:00.0 | All about pharmacies in 2015, this is industry focused. |
| 0:03.2 | Hi Fool's health care analyst Michael Douglas here and I am talking to one of our health care |
| 0:15.3 | contributors Todd Campbell today Todd how are you doing? |
| 0:18.4 | I'm doing well I just got back from my local Rite Aid store picking up a couple things so this is the perfect time to talk about pharmacists. |
| 0:25.0 | Well not that that biases you of course right. I feel like we've all had good and bad pharmacy experiences. |
| 0:33.2 | So, important to be careful there. |
| 0:35.8 | But yeah, let's jump right into it. |
| 0:37.1 | Because people talk about, people think about pharmacies a lot, |
| 0:40.1 | just sort of the like, you know, |
| 0:41.9 | when you're going in and you're buying your |
| 0:43.2 | prescription or you're getting your people magazine or or whatever but let's face |
| 0:47.3 | it the business model often goes a lot beyond that and I think it's really |
| 0:50.2 | important these are intriguing investments and I think they're very |
| 0:52.9 | interesting to a lot of people so so let's dive into kind of the major things people |
| 0:56.6 | should be watching for pharmacies in 2015 what's on your mind for that Todd? |
| 1:00.3 | I think one of the most important things that investors need to understand about the pharmacy business is how it is changing the long-term trend that is changing this entire industry. I mean historically pharmacies were operated as two distinct businesses. |
| 1:16.4 | You had the main part of the store or the front end of the store where of course you could |
| 1:20.7 | get your people magazine or your pack of cigarettes or |
| 1:24.1 | whatever it happened to be at the time and at the back end of the store you had this |
| 1:29.2 | separate business that was fulfilling |
| 1:32.0 | uh... filling prescriptions for individuals. |
| 1:35.9 | Now the future of pharmacy is a holistic approach |
... |
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