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CVS Caremark (CVS -0.2%) looks like a good defensive long-term play, according to Stephanie...

CVS Caremark (CVS -0.2%) looks like a good defensive long-term play, according to Stephanie Link. She likes management's focus on quality of contracts over pricing and sees a continual grab of market share from Walgreen. If the WAG-ESRX continues to the end of the year, factor in another $0.02-$0.03 to the bottom line of CVS.
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Comments (2)
  • Jeremy Johnson, CFA
    , contributor
    Comments (790) | Send Message
     
    "Quality of contracts" should be the focus of some other drug store chains as well!
    11 Jul 2012, 01:32 PM Reply Like
  • bushwacker239
    , contributor
    Comments (3) | Send Message
     
    They will raise guidance when they report 2nd qtr earnings for qtr 3 and year...at least 3 cents each. Also will talk about additional buy backs in early Dec. and I predict they will at that time also raise 2013 dividend to .20 (.80 year)
    11 Jul 2012, 02:49 PM Reply Like
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