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Jim Cramer Gives His Opinion On CVS, Baidu And US Foods

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On CNBC's Mad Money, Jim Cramer said CVS Health Corp (NYSE: CVS) is going down because its pharmacy benefit management division is loosing certain contracts. He thinks its decline isn't related to its retail business, which could be impacted by the Walgreens Boots Alliance Inc (NASDAQ: WBA) and Rite Aid Corporation (NYSE: RAD) merger.

Cramer would sell Baidu Inc (ADR) (NASDAQ: BIDU). He doesn't like management's explanation that the company missed earnings target because of medical ads that weren't produced.

US Foods Holding Corp (NYSE: USFD) is so much more expensive than SYSCO Corporation (NYSE: SYY), thinks Cramer.

Posted-In: CNBC Mad Money Jim CramerMedia

 

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