Walgreen Company (WAG)

petejose (58.78) Submitted: 5/09/08 6:17 AM : Start Price: $34.85 WAG Score: 4.18

You've got to be kidding me. This is the easiest pick there could be (if I weren't so damned greedy and wanted 25%+ returns!!! :) )
Solid, solid, solid. If the whole market tanks, this will too. Otherwise, people are going to get older=on more drugs and can't stand to walk through a Wal-Mart (too big). Walgreen's isn't going anywhere and when the baby boomer's start wanting convenience (drugs mailed to them or not walk a mile to get to the Wal Mart windw) they're going to Walgreen's. Except where there's a CVS closer (but it's the same industry and will raise all ships on the rising tide). CVS will do well too, but I live in the Southwest, where everyone from the NE is moving as they get older...and Walgreens is the dominant player out here. This one is a slam dunk. I don't care what happens in the next 1-2 years, this is a buy price for 5-10 out. You aren't going to make 25% returns (except for year 7....mark my words) but you aren't exactly taking a big risk here, eh? Put a solid one in your portfolio so you can feel more free to jump at the "high-flyers" with a good, solid base. Cheers.

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