When is coming out of a recession potentially a bad thing? When you're in the business of saving your customers money. As customers loosen their purse strings a little, they may be less interested in your services.
So far though, pharmacy benefits manager Medco Health Solutions
In the third quarter, earnings, excluding charges related to its spinoff from Merck
The only place where Medco seems to have slipped a little in the quarter was in its mail-order business, where volume was down 2.3%. It would be better to see the company capture all the revenue from a prescription rather than split it with retail pharmacies run by Walgreen
Next year looks just as good for Medco. As rival Express Scripts
The new business may be a forecast of how companies think we'll have a slow recovery, but it could be good for investors because pharmacy benefits managers can help those companies lower their expenses. In either case, it's great news for Medco and its investors.