NEW YORK (

TheStreet

) --

CVS Caremark

(NYSE:

CVS

) hit a new 52-week high Tuesday as it is currently trading at $39.59, above its previous 52-week high of $39.50 with 15.1 million shares traded as of 1:10 p.m. ET. Average volume has been 10.5 million shares over the past 30 days.

CVS Caremark has a market cap of $48.88 billion and is part of the

services

sector and

retail

industry. Shares are up 5.1% year to date as of the close of trading on Monday.

CVS Caremark Corporation operates as a pharmacy services company in the United States. The company has a P/E ratio of 15, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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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. You can view the full

CVS Caremark Ratings Report

.

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52-week high stocks

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