Tag: CVS

  • Use Weakness as an Opportunity in Pharmacy Stocks

    Use Weakness as an Opportunity in Pharmacy Stocks

    Keep an eye on drugstore stocks. At the moment, CVS Health (CVS), Walgreens (WBA), and Rite Aid (RAD) are getting knocked down on speculation Amazon could open brick-and-mortar pharmacies. However, discussions are only in exploratory stages.  Plus, even if Amazon wanted to move forward, it could take up to a year for stores to open.…

  • Walgreens, CVS Sink on Amazon Pharmacy

    Walgreens, CVS Sink on Amazon Pharmacy

    At the moment, shares of Walgreens (WBA) are down $4.50, as CVS sinks $5.75. Both could still be great shorts at the open on news Amazon is launching an Amazon Pharmacy store that will allow consumers to get their medications delivered to them at home. “The same browsing experience customers are familiar with from Amazon…