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May.01
1:45 PM ET
Thursday, 1 May 2008
Trader Radar - Thursday May 1st
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. This store provides everything from Depends to diet supplements. Based in Woonsocket, Rhode Island, it’s the second-largest drugstore chain in the U.S. But as the economy slows, customers are turning to cheaper generic drugs causing the company to miss revenue estimates, today. Who is it?
A: On the Trader Radar tonight we watching CVS Caremark [CVS
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]! Shares of this drugstore chain were among the most active names on the NYSE today.
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