Face-Off: Walgreen's Vs. CVS Caremark
The two largest drugstore chains in America have a lot in common. They are both in fine financial shape. Each pays a secure and growing dividend. Their trailing 12-month price-to-earnings ratios reside in similar territory.
Both CVS Caremark (CVS) and Walgreen's (WAG) now trade for almost exactly the levels they commanded in early May. Walgreen's took a choppier route. WAG's inability to come to terms with pharmacy benefit manager Express Scripts (ESRX) led to a major sell-off that sent the shares briefly to south of $29 in June....427 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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