Jefferies Comments on CVS, Walgreens' Share Gain in TV Markets


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


“This month we have decided to take a look at drugstore market share changes over the last few years across the top TV markets in the U.S.,” Jefferies wrote in a report. “As the industry consolidates, larger players such as CVS Caremark (NYSE: CVS) and Walgreens (NYSE: WAG) continue to gain share. Indeed, in 13 of the top 15 TV markets the two companies combined have approximately 50% or more market share, up from seven of 15 markets in 2005.”CVS closed Thursday at $37.58; Walgreens closed at $42.46.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: Analyst RatingsConsumer Staplescvs caremarkDrug RetailJefferiesWalgreens