Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- CVS Caremark (NYSE: CVS) hit a new 52-week high Tuesday as it is currently trading at $59.40, above its previous 52-week high of $59.37 with 3.3 million shares traded as of 12:20 p.m. ET. Average volume has been 5.8 million shares over the past 30 days. CVS Caremark has a market cap of $71.05 billion and is part of the services sector and retail industry. Shares are up 21.1% year to date as of the close of trading on Monday. CVS Caremark Corporation, together with its subsidiaries, provides integrated pharmacy health care services in the United States. The company has a P/E ratio of 18.1, above 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 solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full CVS Caremark Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.