CVS Caremark

(

CVS

) pushed the Services sector lower today making it today's featured Services loser. The sector as a whole closed the day down 0.8%. By the end of trading, CVS Caremark fell 19 cents (-0.5%) to $36.85 on light volume. Throughout the day, 4.4 million shares of CVS Caremark exchanged hands as compared to its average daily volume of 11 million shares. The stock ranged in price between $36.85-$37.23 after having opened the day at $36.99 as compared to the previous trading day's close of $37.04. Other company's within the Services sector that declined today were:

Essex Rental

(

ESSX

), down 11.6%,

Saga Communications Inc

(

SGA

), down 11.3%,

SearchMedia Holdings

(

IDI

), down 9.8%, and

SinoHub Inc

(

SIHI

), down 9.6%.

CVS Caremark Corporation operates as a pharmacy services company in the United States. CVS Caremark has a market cap of $48.94 billion and is part of the

retail

industry. The company has a P/E ratio of 14.8, below the average retail industry P/E ratio of 14.9 and below the S&P 500 P/E ratio of 17.7. Shares are up 6.5% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates CVS Caremark as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front,

China HGS Real Estate Inc

(

HGSH

), up 36.1%,

China Armco Metals Inc

(

CNAM

), up 21.5%,

Granite City Food & Brewery

(

GCFB

), up 14.2%, and

MTR Gaming Group Inc

(

MNTG

), up 12.9%, were all gainers within the services sector with

Kroger

(

KR

) being today's featured services sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the services sector could consider

iShares Dow Jones US Cons Services

(

IYC

) while those bearish on the services sector could consider

ProShares Ultra Short Consumer Sers

(

SCC

).

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