Walgreen Company (NYSE:WAG)
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Walgreen is your corner drugstore, selling prescription and OTC drugs and an array of other merchandise.
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Walgreen is your corner drugstore, selling prescription and OTC drugs and an array of other merchandise.
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Might concerns over WMT generics be overblown? If CVS new release is accurate, this is a mole hill of a mountain, despite the remarks attributed to Walgreen brass today. Walgreen is expanding strategically and ranks as one of the highest quality companies we cover ... and the projected annual return is now 19% after the price mashing.
I see that the price drops were contemporaneous with the WMT generic announcement and the CVS/CareMark merger, but I am not certain that they were related. It just doesn't make sense.