CVS Caremark (CVS) Hits New Lifetime High Today

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Trade-Ideas LLC identified CVS Caremark ( CVS) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified CVS Caremark as such a stock due to the following factors:

  • CVS has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $242.1 million.
  • CVS has traded 106,859 shares today.
  • CVS is trading at a new lifetime high.

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More details on CVS:

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. The stock currently has a dividend yield of 1.4%. CVS has a PE ratio of 19.7. Currently there are 16 analysts that rate CVS Caremark a buy, no analysts rate it a sell, and 4 rate it a hold.

The average volume for CVS Caremark has been 3.5 million shares per day over the past 30 days. CVS Caremark has a market cap of $93.1 billion and is part of the services sector and retail industry. The stock has a beta of 0.93 and a short float of 0.9% with 4.43 days to cover. Shares are up 12.2% year-to-date as of the close of trading on Thursday.

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