TheStreet.com's Jim Cramer says that as consumers try to stretch their dining dollar, Darden, Yum! and McDonald's will benefit.
We all know we are overstored in this country and over-restauranted. There are tons of players -- so many that the competition got too hard. Now they collapse. That Uno might miss a payment, that Bennigan's and S...
Last week, I shared the background and overall asset allocation for my recently introduced “Conservative Growth/Balanced Model Portfolio”.You can refer back to the article or visit my website to learn more.As I stated in the previous article, the equity component of the portfolio is overweight relative to the S&P 500 in the Industrial, Consumer Discretionary and Financial Sectors.I previously shared my basis for taking these exposures.
Last week, I reviewed my selection of an Energy stock, Chevron (CVX) that qualified for inclusion and then my reasons for including three Industrials:
Walgreen Co. operates a chain of drugstores in the United States. These drugstores sell prescription and non-prescription drugs, and general merchandise. General merchandise includes beauty care, personal care, household items, candy, photofinishing, greeting cards, seasonal items, and convenience food. The company provides its services through drugstore counters, as well as through the mail, by telephone, and on the Internet. As of October 24, 2007, Walgreen operated 6,014 stores in 48 states and Puerto Rico. The company was founded in 1901 and is based in Deerfield, Illinois.
Walgreen Co. operates a chain of drugstores in the United States. These drugstores sell prescription and non-prescription drugs, and general merchandise. General merchandise includes beauty care, personal care, household items, candy, photofinishing, greeting cards, seasonal items, and convenience food. The company provides its services through drugstore counters, as well as through the mail, by telephone, and on the Internet. As of October 24, 2007, Walgreen operated 6,014 stores in 48 states and Puerto Rico. The company was founded in 1901 and is based in Deerfield, Illinois.
4/16 - "While maintaining a pristine balance sheet, management continues Walgreen's (WAG) new store expansion strategy. However, beginning in 2006, management began implementing a more aggressive strategy that includes acquisitions...In addition, pharmacy profits are being pressured due to lower reimbursements on some generic drugs and additional pricing pressure from Wal-Mart (WMT), which has entered the retail generic marketplace."
"The Hold rating on Walgreen Company is maintained. Walgreen's is currently selling at 17.0 times trailing 12-month EPS...The target price of $38.75 is based ...
4/28 - "Walgreen is a solid play. The company beat Wall Street's earnings expectations a month ago when it announced its fiscal second-quarter results. Its sales jumped more than 10% from the year-ago period.
The company said on Friday it completed its tender offer for I-trax(DMX - Cramer's Take - Stockpickr), which it acquired for $5.40 a share. The move is part of Walgreen's plan to build a new health and wellness unit. Furthermore, I like Walgreen's potential. With an aging population and the company's business of selling prescription drugs, I like its chances.
Therefore, I am placing ...
"Socially Responsible Investing (SRI) is no longer relegated to a tiny corner of the investment landscape; indeed, according to the Social Investment Forum, SRI now accounts for $2.7 trillion, up more than 18% since 2005," says Chuck Carlson.
Here, the editor of The DRIP Investor offers five stock that both rank high for their social responsibility and also stand out based on more traditional earnings and valuation analysis.
I took the opportunity Thursday to lower my Adjusted Cost Base [ACB] on
U.S. drugstore chain, Walgreen Company (WAG).<!--more--> Long time readers of the moneygardener have likely read posts about my accumulating shares of
WAG over the past year. Thursday's purchase was just another wrung on the
ladder, decreasing the overall cost of my equity stake in Walgreen.
The thesis behind holding shares in Walgreen long term is simple:
Low to no debt, 500 plus new stores per year, increasing sales. Walgreens will weather the storm and be back at 45.00 by about Sept of next year. sales at 55 biliion and climbing
Everyday you can find updated buy and sell alerts on many hot stocks here on Predict Wall Street. This is a simple way to make money in the stock market and by using " Mojo Crossover " you will be trading with the flow bullish or bearish . The day-to-day predictions are for day traders or entry points for long-term traders. PDF (Crossover list) file here
The stock has developed significant negative divergences of both MACD and the money flow.
On 23 March the big down candle is influencing negatively the stock trend. That is a major resistance now. After a long and tight congestion, prices have accelerated to the downside and presently are developing what could be a flag within the last down candle. In the short term the objective is the retest of the recent low at $43-$43.50. This support is quite important. next is at $40. The stop loss is above the $46 level. The risk reward is not so exciting though.
Walgreens was founded in 1901--that should tell you something right there. Shares have taken a beating after Wal-mart announced its perscription plan (Fall '06), and invesotrs are watching the company closely. Although WAG reaps 60% of its profits through prescription sales, a strong growth history indicates that WAG will remain a viable player in the prescription industry. On an additional note, WAG outpreformed Intel over the past 25 years and projects to double retail locations to 6000 stores by 2010.
Publix Supermarkets (not publicly available) generates reports on competitive reta...
addressed wal mart issue as the first thing in conference call, explained that its prices on the drugs that wal mart is planning to sell is actually cheaper or just in line with their $4 price targer plus they have more products and a aging populating coming to hit the us very soon down for short term shakeout
Data powered by QuoteMedia.
All Rights Reserved.
Data delayed 15 to 20 minutes unless otherwise indicated.
Terms of Use.
None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.
WAG
About Walgreen Co.
- Answers.com
