UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next
Author: horacekgl Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 9928  
Subject: Re: Walgreen (WAG) Date: 10/3/2012 10:56 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 6
I've owned Walgreens since 1998. My annual rate of return, which of course includes dividends, works out to be (drum roll please) -- 4.91%

Stinks is what best describes that rate of return. I generally do not keep such in my portfolio, but I guess inertia is a terrible thing.

Everyone says Walgreens is about to grow again, but they've been saying that for years now.

The problem with Walgreens is competition. It used to be the best of pharmacy chains, opening up stores daily nationwide. Now with all the choices (starting with Walmart) they are merely an over-priced convenience store that fills prescriptions. CVS, once presumed to be dead, is now the clear leader in this type of pharmacy -- becoming what Walgreens once was.

Walmart, Sam's, Costco are my preferred order of prescription fillers. But I'd probably go to Shopright (a supermarket chain here) as soon as I would go to Walgreens or CVS.

So Walgreens even fails the Lynch test for me.

Gotta make a note. Next rebalance Walgreens must go.

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next


Motley Fool Income Investor
Are you a dividend-savvy investor? Check out our Income Investor newsletter.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.