CVS Caremark Corp (CVS): Today's Featured Retail Laggard
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
(
) pushed the Retail industry lower today making it today's featured Retail laggard. The industry as a whole closed the day down 0.5%. By the end of trading, CVS Caremark fell $1.05 (-1.8%) to $56.75 on heavy volume. Throughout the day, 7,500,371 shares of CVS Caremark exchanged hands as compared to its average daily volume of 4,603,100 shares. The stock ranged in price between $56.68-$57.65 after having opened the day at $57.47 as compared to the previous trading day's close of $57.80. Other companies within the Retail industry that declined today were:
(
), down 5.5%,
(
), down 5.3%,
(
TheStreet Recommends
), down 4.8% and
(
), down 4.1%.
CVS Caremark Corporation, together with its subsidiaries, provides integrated pharmacy health care services in the United States. CVS Caremark has a market cap of $71.1 billion and is part of the services sector. Shares are up 19.8% year to date as of the close of trading on Friday. Currently there are 12 analysts that rate CVS Caremark a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates
CVS Caremark
as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, impressive record of earnings per share growth, increase in net income and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full CVS Caremark Ratings Report.
On the positive front,
(
), up 16.2%,
Natural Grocers by Vitamin Cottage
(
), up 4.9%,
(
), up 3.1% and
(
), up 2.6% , were all gainers within the retail industry with
(
) being today's featured retail industry leader.
- Use our retail section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider
(
) while those bearish on the retail industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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