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Top Stock #3:
Express Scripts (ESRX)Express Scripts (ESRX) is a North American provider of pharmacy benefit management services. As
this stock’s recent earnings report proves, consumers are still spending a lot of money when it comes to their prescriptions — and ESRX is reaping
the benefits.Last week ESRX reported a profit of $192.3 million, or 88 cents per share — two pennies higher than the consensus — thanks to higher sales of its generic drugs. Revenue for the quarter fell slightly to $5.5 billion from $5.53 billion in the year-ago period, yet still beat estimates of $5.47 billion.
Express Scripts has worked diligently to create savings for its existing customers. This strategy has helped the company to retain clients, improve margins and stay ahead of the competition.Since July 13, the stock is up over 7% for our Blue Chip Growth Buy List and is an excellent buy right now.
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