CVS Caremark Corporation Quits Tobacco Cold Turkey

In the headlines segment of Market Checkup, The Motley Fool's health-care investing show analysts David Williamson and Max Macaluso look at the big news from CVS Caremark Corporation.

CVS announced that it will no longer sell cigarretes, or tobacco products of any kind, in its retail stores. Of course, like many smokers quitting cold turkey, it set its date far out in the future, specifically Oct. 1.

In this video, David and Max discuss the impact to CVS's financials and how it could benefit its competitors, and they take the view that CVS is smartly shaving short-term profits for long-term gains.

CVS is thinking long-term. So should investors.
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  • Report this Comment On February 09, 2014, at 4:25 AM, glenns45 wrote:

    However they continue to sell baby food that contains aspartame L PHENYLALANINE,1METHYL ESTER which is converted to wood alcohol.guess they still sell fluoride products to.

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David Williamson

The Motley Fool's Healthcare Analyst, I specialize in Pharma, Biotech, and how the ACA (Obamacare) is changing the business of healthcare in America. Follow me on Twitter for breaking stock news, policy thoughts, and misc musings...

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