Around a couple of years ago, I wrote about the CVS/Caremark merger and about consolidation in the retail pharmacy sector. If I remember correctly, I also said that sooner or later Long’s Drug Stores would soon be swallowed up by Walgreens or CVS. Well, that day has come. According to an excerpt from a CVS [...]
Category Archives: Sectors
Revisiting the Apparel Sector
At the end of last year I discussed my opinions on the stock of certain companies within the apparel sector. These companies were:
Stein Mart (SMRT)(6m Chart)(SEC filings)
Christopher and Banks (CBK)(6m Chart)(SEC filings)
Chico’s FAS (CHS)(6m Chart)(SEC filings)
Cato Corporation (CTR)(6m Chart)(SEC filings)
According to my last discussion on these stocks:
I don’t see any near-term changes for improving [...]
Is It Time To Buy Pfizer?
While being a favorite of many investors throughout the 80’s and 90’s, I’ve never been much of a fan of Pfizer’s (PFE) stock as I thought that it was overvalued for a long time. But now it’s trading not only around it’s 52-week low, it’s trading around it’s 10-year low.
At what point does PFE become [...]
Drug Patent Expirations
The next few years are expected to be very kind to the generic drug industry and hard to swallow for brand pharmaceutical firms. Here’s is a list of brand pharmaceuticals (pdf) that will lose their patents from 2008 through 2009, courtesy of Drug Topics Magazine.
Consumer Auto Reports
Consumer spending is slowing and the auto manufacturers are being hit hard this year. When money gets tight, the big ticket items are the first to get cut from the budget, and a new car is “the” big ticket item. Auto analysts are reporting that the U.S. vehicle market could sink to its lowest level [...]
Subprime Responsibility
I was reading Treasury Secretary Paulson’s: Remarks on U.S. Housing Market before FDIC’s Forum on Mortgage Lending to Low and Moderate Income Households, and wanted to point out an excerpt from that speech which negatively caught my attention:
..Due to the lax credit and underwriting standards of the past years, some people took out mortgages they [...]