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Byline: Craig Shaw
Express Scripts is shaping a 23-week base, part of an 11-month pattern. The stock posted gains on above-average volume in two of the past three weeks, a sign of accumulation. It's 15% off its 52-week high, just within handle-building range.
The pharmacy benefits manager's earnings and sales have grown every year since at least 1994. Profit the last three quarters climbed 33% to 70%, sales 38% to 51%. The result: a top-notch Earnings Per Share Rating of 99 and SMR Rating of A.
The firm's wider-margin mail-order drug business is growing. It dispensed its 100 millionth mail ...