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CVS Caremark Tumbles on Lost Business

CVS  WAG  

Linked by The Razor's Edge ( track newsfeed | ignore newsfeed ) - November 05, 11:21AM from (blog.ockhamresearch.com)

The company announced that it will buy back $2 billion worth of stock through 2011, suggesting that they are trying to support the stock. With the stock selling below its historically normal price-to-cash earnings and price-to-sales ranges, this stock still looks attractive to the long term investor. Although, according to our methodology, we continue to view its closest competitor Walgreen's (WAG) as the most attractive stock in the pharmacy space.

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