CVS Caremark Corp (CVS): Today's Featured Retail Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

CVS Caremark ( CVS) pushed the Retail industry lower today making it today's featured Retail laggard. The industry as a whole closed the day down 1.6%. By the end of trading, CVS Caremark fell $0.77 (-1.3%) to $59.12 on average volume. Throughout the day, 6,216,562 shares of CVS Caremark exchanged hands as compared to its average daily volume of 4,452,300 shares. The stock ranged in price between $58.27-$59.38 after having opened the day at $59.06 as compared to the previous trading day's close of $59.89. Other companies within the Retail industry that declined today were: QKL Stores ( QKLS), down 9.9%, U.S. Auto Parts Network ( PRTS), down 9.2%, E-Commerce China Dangdang ( DANG), down 9.0% and Overstock.com ( OSTK), down 6.9%.

CVS Caremark Corporation, together with its subsidiaries, provides integrated pharmacy health care services in the United States. CVS Caremark has a market cap of $75.4 billion and is part of the services sector. Shares are up 23.9% year to date as of the close of trading on Tuesday. Currently there are 14 analysts that rate CVS Caremark a buy, no analysts rate it a sell, and 1 rates it a hold.

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.

On the positive front, RadioShack ( RSH), up 4.5%, HHGregg Incorporated ( HGG), up 2.5%, BioScrip ( BIOS), up 2.3% and Ingles Markets ( IMKTA), up 1.9%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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