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Richard Berger
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Mr. Berger is the creator and developer of the YDP screening tool. A chart system and its analysis for screening and monitoring dividend income equity investments. SA has begun publishing a continuing series of multiple weekly articles using the YDP analysis on one income equity per article. I... More
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  • Walgreen - Definitely Not A Dividend Income Equity Investment 2 comments
    Mar 18, 2013 1:28 PM | about stocks: WAG

    A reader suggested Walgreen (WAG) might be poised at a good entry point as a dividend income equity investment. A look at it's YDP chart seems to show players totally ignore its dividend in trading shares. The yield is rising against both rising and falling share price, a reflection of its rapidly increasing distribution. However, share price volatility totally eclipses dividend yield. The technical chart is pretty simple and an investor could use that to find a more comfortable entry point for both price growth and best yield. The highly volatile quarterly price swings suggests maybe the stock is driven by short sellers and short squeezes. Its too bold for my blood but maybe you like a wild ride.

    WAG Chart

    WAG data by YCharts

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: long ideas, dividends, investing strategies Stocks: WAG
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  •  
    Richard,

    Yes, its a bit volatile, and I don't think over $40 is a good entry point. But its not bad if you buy on dips below the mid 30s.
    19 Mar, 08:54 AM Reply Like
  •  
    Agreed, if you market time it right or can get an attractive cash covered put premium at an appropriate Strike price for an entry point, an investor could find some favorable position.
    19 Mar, 07:04 PM Reply Like
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