CVS Caremark Reaches New 52-Week High (CVS)

NEW YORK ( TheStreet) -- CVS Caremark (NYSE: CVS) hit a new 52-week high Thursday as it is currently trading at $60.71, above its previous 52-week high of $60.70 with 2.2 million shares traded as of 12:55 p.m. ET. Average volume has been 5.1 million shares over the past 30 days.

CVS Caremark has a market cap of $73.65 billion and is part of the services sector and retail industry. Shares are up 23.8% year to date as of the close of trading on Wednesday.

CVS Caremark Corporation, together with its subsidiaries, provides integrated pharmacy health care services in the United States.

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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.

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