LONDON, April 4, 2013 /PRNewswire/ --
Drug store operators such as Rite Aid Corporation (NYSE: RAD), CVS Caremark Corporation (NYSE: CVS), Walgreen Company (NYSE: WAG), and GNC Holdings Inc. (NYSE: GNC) are expected to benefit from an aging population in the U.S. Meanwhile, increasing demand for affordable healthcare also offers significant opportunities to pharmacies. Drug store operators are also looking to diversify their revenue streams. Another key trend to emerge for the industry is President Obama's healthcare reform, which was upheld by the Supreme Court. The reform is expected to benefit pharmacies in the long-term. Pharmacy stocks ended mostly lower on Wednesday as the broad market tumbled on concerns over North Korea and as investors digested some weak economic data. StockCall initiated free in-depth technical analysis on RAD, CVS, WAG, and GNC which are currently available upon sign up at
http://www.stockcall.com/research
Shares of Rite Aid Corporation tumbled in trading on Wednesday. The stock fell to an intra-day low of $1.70 before paring some of the losses to finish the day 3.85% lower at $1.75. Rite Aid's shares have now fallen nearly 8% this week. Despite posting significant losses this week, the company's shares have gained more than 28% for the year. The stock is currently trading more than 10% below its 52-week high. Shares of RAD have fallen sharply after failing to break through $1.90 resistance level. The stock currently has support at around $1.70. Sign up for the free technical analysis on RAD at
http://www.StockCall.com/RAD040413.pdf
Shares of CVS Caremark Corporation fell sharply yesterday. The stock ended the day 2.01% lower at $54.13 after touching an intra-day low of $53.94. CVS Caremark's shares have outperformed the broad market so far in 2013, gaining more than 12.40%. However, the stock's technical indicators suggest that market sentiment has turned bearish. The stock's MACD has just crossed below the signal line, which is a negative signal. The decline on Wednesday also came on significant volume. Download the free report on CVS by registering at
http://www.StockCall.com/CVS040413.pdf
Shares of Walgreen Company touched a 52-week high of $48.18 on Wednesday, however, the stock failed to hold on to its gains. Walgreen's shares fell 2.16% to finish at $46.30 yesterday. The stock is now down nearly 2.90% for the week. Walgreen's shares, however, have had an excellent run in 2013 so far, gaining nearly 26%. The stock's MACD chart, though, suggests that market sentiment is turning bearish. Shares of WAG currently have support at around $46. The free report on WAG can be downloaded by signing up now at
http://www.StockCall.com/WAG040413.pdf
Shares of GNC Holdings Inc. edged higher in its last trading session; however, the gains were limited. The stock closed 0.40% higher at $40.05 after touching an intra-day high of $40.63. The stock has now gained nearly 2% for the week even as the broad market has struggled. GNC's shares are now trading close to $41 resistance level. The stock's MACD has just crossed above the signal line, which is a bearish signal. The stock is also trading well above its 50-day and 200-day moving averages. Year-to-date, the company's shares gained more than 20.80%. Free report on GNC can be accessed by registering at
http://www.StockCall.com/GNC040413.pdf
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