CVS: Love It
For last-minute (or reluctant) shoppers, CVS (NYSE:CVS) is the place to go. You can snatch up a Hallmark card, a Whitman’s Sampler, a heart-shaped box of Hershey‘s (NYSE:HSY) chocolate … and so much more.
If you’re looking for a decent stock pick, you can find that here as well.
The drugstore is a member of InvestorPlace‘s Real America Index because it’s the No. 1 provider of prescriptions and the No. 1 specialty pharmacy in the country. That plays a role in its solid growth prospects, including estimates for a 13% annual increase in earnings in for the next five years that best the average estimate of 9% for the S&P 500. And just recently, the company posted earnings growth of 6% on revenues that improved 11% for Q4 2012.
CVS shares gained 19% in the past year to trump the S&P 500’s 11% gains, and still trade at just 11 times next year’s earnings. What’s not to love?