CVS Caremark Corp (CVS): Today's Featured Services 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 Services sector lower today making it today's featured Services laggard. The sector as a whole closed the day down 1.9%. By the end of trading, CVS Caremark fell $0.86 (-1.1%) to $73.83 on average volume. Throughout the day, 5,268,514 shares of CVS Caremark exchanged hands as compared to its average daily volume of 5,941,800 shares. The stock ranged in price between $73.82-$74.80 after having opened the day at $74.80 as compared to the previous trading day's close of $74.69. Other companies within the Services sector that declined today were: InfoSonics Corporation ( IFON), down 15.7%, Liberty Media Corp Class B ( LVNTB), down 15.1%, World Wrestling Entertainment Inc. Class A ( WWE), down 14.7% and YOU On Demand Holdings ( YOD), down 12.7%.

CVS Caremark Corporation, together with its subsidiaries, provides integrated pharmacy health care services in the United States. The company operates through Pharmacy Services and Retail Pharmacy segments. CVS Caremark has a market cap of $89.4 billion and is part of the retail industry. Shares are up 4.4% year to date as of the close of trading on Friday. Currently there are 15 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, 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 weak operating cash flow.

On the positive front, Wayside Technology Group ( WSTG), up 7.2%, ENGlobal Corporation ( ENG), up 6.6%, Bravo Brio Restaurant Group ( BBRG), up 5.8% and Perfumania Holdings ( PERF), up 5.2%.

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).

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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