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CVS Caremark (CVS +2.6%) and Rite Aid (RAD +5.4%) both trade higher, riding the back of a strong...

CVS Caremark (CVS +2.6%) and Rite Aid (RAD +5.4%) both trade higher, riding the back of a strong quarter and promising guidance from Express Scripts. Sector peer Walgreen (WAG +0.9%) isn't quite keeping up despite a price target boost by Cantor Fitzgerald to $45.
Comments (2)
  • SteveTheHawk
    , contributor
    Comments (1448) | Send Message
     
    I still can't complain. I bought WAG a little over a year ago and it's up about 33% since then. Considering its dividend growth, I'm pretty happy holding on to it.
    19 Feb 2013, 01:00 PM Reply Like
  • satyr
    , contributor
    Comments (823) | Send Message
     
    Steve, the whole drugstore sector has done well in recent times, or at least that is true about the stock prices. WAG is the most solid operator of the group. RAD has a high risk/reward profile and could double in a year, or lose 25%. CVS has put up good numbers, but the imbedded PBM piece makes them vulnerable to swings that can come via gain or loss of major clients.
    20 Feb 2013, 02:46 AM Reply Like
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