Walgreen Company (NYSE:WAG)
CAPS Rating:
Walgreen is your corner drugstore, selling prescription and OTC drugs and an array of other merchandise.
Walgreen is your corner drugstore, selling prescription and OTC drugs and an array of other merchandise.
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I get it, "The time to buy is when there's blood in the streets" but I think maybe the blood hasn't even begun to flow in Europe, so this Boots acquisition with all the debt it entails stinks. Plus, I'd be leery of buying anything from KKR, I mean they're not idiots, so why are they selling if it's such a hot company. And the competition in the States (still their best market) is fierce and getting hotter by the minute. Short version: The aquisition sucks.
Hulkster!!!!!!