Market Overview

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

Related CVS
18 Stocks And ETFs To Watch In 2018
CVS Downgraded By Vetr
Old Second National Bank Of Aurora Buys Principal Financial Group Inc, IQVIA Holdings Inc, ... (GuruFocus)
Related BIDU
BlackBerry Investors Cheer Baidu Partnership
Unmatched Market Size, Opportunity In Chinese Internet ETFs
Chinese automaker will use self-driving platform from Nvidia, Baidu (Seeking Alpha)

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: Mad MoneyCNBC Jim Cramer Media


Related Articles (BIDU + CVS)

View Comments and Join the Discussion!