CVS Caremark Corp (CVS): Today's Featured Services Loser

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 0.7%. By the end of trading, CVS Caremark fell 26 cents (-0.6%) to $44.62 on average volume. Throughout the day, 6.6 million shares of CVS Caremark exchanged hands as compared to its average daily volume of 7.2 million shares. The stock ranged in price between $44.50-$45.14 after having opened the day at $44.92 as compared to the previous trading day's close of $44.88. Other company's within the Services sector that declined today were: China Auto Logistics ( CALI), down 17.8%, China Yida ( CNYD), down 14.2%, Point.360 ( PTSX), down 12.9%, and ATA ( ATAI), down 9.5%.

CVS Caremark Corporation provides pharmacy health care services in the United States. CVS Caremark has a market cap of $58.25 billion and is part of the retail industry. Currently there are 15 analysts that rate CVS Caremark a buy, no analysts rate it a sell, and three rate it a hold.

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, growth in earnings per share, 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 low profit margins.

On the positive front, Barnes & Noble ( BKS), up 51.7%, Books-A-Million ( BAMM), up 25.1%, Gen-Probe ( GPRO), up 18.7%, and Emmis Communications ( EMMS), up 18.3%, were all gainers within the services sector with Virgin Media ( VMED) 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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