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CVS Poised to Do Well Over Long-Term |
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| May 06, 2008 06:55 PM UTC |
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Tracked Blogger
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5/5 - "CVS Caremark (NYSE: CVS), a big competitor of both Walgreen (NYSE: WAG) and Rite Aid (NYSE: RAD), released its Q1 earnings last week. They were very good, and they reminded me that I probably need to throw a drugstore chain's stock in my core portfolio as a long-term play on the increasing health-care needs of the baby boomers (and every other demo, for that matter)...The Caremark merger has obviously proven to be a good move." "Buying at the 52-week high is always a dicey thing, but if you plan on holding for years, it wouldn't be that much of a concern. Shorter-term traders would need to wait for a pullback. But I like the first quarter results for CVS, and I think the stock is poised to do well over time. And like I said at the beginning, this really may be a stock for the core portion of an individual's investment program -- a true buy-and-hold idea." 
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 N/A risk: aggressive |
CVS One of the Best-Positioned Retail Growth Companies
5/2 - "Chief Financial Officer David Rickard noted on the conference call that consumers may be hesitating to buy large-ticket discretionary items, but small-ticket items like Snickers bars still are finding their way into shopping baskets. Of course, front-end (retail) items only make up about 15% of revenue for CVS, but they are an important driver of transaction size and overall profitabilit...
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N/A risk: aggressive |
Dykstra's Deep-in-the-Money Call: Walgreen
4/28 - "Walgreen is a solid play. The company beat Wall Street's earnings expectations a month ago when it announced its fiscal second-quarter results. Its sales jumped more than 10% from the year-ago period.
The company said on Friday it completed its tender offer for I-trax(DMX - Cramer's Take - Stockpickr), which it acquired for $5.40 a share. The move is part of Walgreen's plan to build ...
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N/A risk: aggressive |
Walgreen Feels Wal-Mart Pressure; Maintaining Hold
4/16 - "While maintaining a pristine balance sheet, management continues Walgreen's (WAG) new store expansion strategy. However, beginning in 2006, management began implementing a more aggressive strategy that includes acquisitions...In addition, pharmacy profits are being pressured due to lower reimbursements on some generic drugs and additional pricing pressure from Wal-Mart (WMT), which has ...
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N/A risk: aggressive |
Risks with Rite Aid Turnaround Make Stock a Sell
5/5 - "Management at the Rite Aid Corporation (RAD) is executing a turnaround strategy centered on increasing the profitability of the existing store base, which includes improving the product mix with generic and private label products. Nevertheless, management acquired the Brooks Eckerd chain prior to a convincing turnaround in profitability.
Also, Wal-Mart's (WMT) initiative to enter the ...
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