NEW YORK, May 21, 2012 /PRNewswire/ -- CVS Caremark Corporation (NYS: CVS: $44) has been picked by S&P Capital IQ as its Focus Stock of the Week. CVS carries S&P Capital IQ's highest investment recommendation of 5-STARS, or Strong Buy.
"We believe CVS Caremark is well positioned to benefit as an operator of both one of the largest retail drugstore chains and one of the largest pharmacy benefit management (PBM) business in the U.S.," said Joseph Agnese, equity analyst at S&P Capital IQ. "We see profitability accelerating in the near and intermediate term on benefits from market share gains in both its retail drugstores and its PBM operations coupled with increased sales of wider-margin generic drugs."
To view a video of Mr. Agnese discussing CVS paste the following link into your browser.
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