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 0.8%. By the end of trading, CVS Caremark fell $1.25 (-1.8%) to $69.30 on average volume. Throughout the day, 5,610,361 shares of CVS Caremark exchanged hands as compared to its average daily volume of 5,455,100 shares. The stock ranged in price between $69.30-$70.83 after having opened the day at $70.75 as compared to the previous trading day's close of $70.55. Other companies within the Retail industry that declined today were: China Jo-Jo Drugstores ( CJJD), down 6.4%, Kirkland's ( KIRK), down 5.1%, HHGregg Incorporated ( HGG), down 4.9% and Sears Hometown & Outlet Stores ( SHOS), down 4.7%.

CVS Caremark Corporation, together with its subsidiaries, provides integrated pharmacy health care services in the United States. CVS Caremark has a market cap of $83.8 billion and is part of the services sector. The company has a P/E ratio of 19.6, above the S&P 500 P/E ratio of 17.7. Shares are down 1.4% year to date as of the close of trading on Friday. Currently there are 13 analysts that rate CVS Caremark a buy, no analysts rate it a sell, and 4 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, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, LightInTheBox ( LITB), up 20.4%, Body Central ( BODY), up 6.0%, China Nepstar Chain Drugstore ( NPD), up 5.6% and Jos A Bank Clothiers ( JOSB), up 4.5% , were all gainers within the retail industry with Men's Wearhouse ( MW) being today's featured retail industry leader.

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.

More from Markets

Italian Bonds Slump as Government Mulls Anti-Euro Finance Minister

Italian Bonds Slump as Government Mulls Anti-Euro Finance Minister

Global Stocks Hold Gains as North Korea Response on Talks Soothes Nerves

Global Stocks Hold Gains as North Korea Response on Talks Soothes Nerves

Canopy Growth Lets Down Eager Pot Investors; PayPal Keeps Dominating -- ICYMI

Canopy Growth Lets Down Eager Pot Investors; PayPal Keeps Dominating -- ICYMI

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)