The Motley Fool Discussion Boards

Previous Page

Stocks C / CVS Corporation

URL:  https://boards.fool.com/cvs-a-short-10678051.aspx

Subject:  CVS a short? Date:  3/16/1999  6:35 AM
Author:  luvmtains Number:  17 of 503

The retail drug sector looks real interesting. First Long drug stores moved down sharply, now RAD tumbled. I was very unimpressed with CVS same store sales last quarter and with it's high P/E, any negative news could send this stock down. Technically the stock has been in a trading range for quite a while and it might be a good short if it manages to make it to the high end of it's trading range again (54-55) Of course, CVS management is very efficient but I think that they have squeezed about all they can out of the performance of this stock (except for price increases on drugs) unless they expand in the Western states.
Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us